| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $55M | $34M | 13.4% | 86.2% |
| Op. Income | $12M | $8M | $10M | 36.8% | 18.8% |
| Gross Margin | 55.2% | 55.6% | 82.3% | -0.4pp | -27.0pp |
| Net Margin | 13.5% | 11.2% | 21.1% | 2.2pp | -7.6pp |
| EPS (Diluted) | $0.20 | $0.15 | $0.17 | 33.3% | 17.6% |
| Free Cash Flow | $16M | $14M | $9M | 9.5% | 72.3% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $918.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $3M |
| Operating Expenses | $23M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $12M |
| Interest Income | $60M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $712.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $918.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $3M |
| Operating Expenses | $23M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $12M |
| Interest Income | $60M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $712.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $712.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$14.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$656.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$916.0K |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$197M |
| NET CASH FROM INVESTING | -$179M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $228M |
| NET CASH FROM FINANCING | $183M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $197M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $316M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.7B |
| Tax Assets | $12M |
| Other Non-Current Assets | $175M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $346M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $360M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $380M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $366M |
| Minority Interest | $0 |
| TOTAL EQUITY | $366M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $346M |
| Net Debt | $243M |
