| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $29M | $26M | -2.9% | 5.6% |
| Op. Income | $12M | $16M | $14M | -25.1% | -16.1% |
| Gross Margin | 85.4% | 98.7% | 95.3% | -13.3pp | -9.9pp |
| Net Margin | 29.7% | 35.8% | 37.4% | -6.1pp | -7.7pp |
| EPS (Diluted) | $1.12 | $1.39 | $1.20 | -19.4% | -6.7% |
| Free Cash Flow | $3M | $6M | $5M | -57.8% | -49.9% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $177.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $3M |
| Operating Expenses | $12M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $12M |
| Interest Income | $27M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| 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 | $638.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $177.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $3M |
| Operating Expenses | $12M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $12M |
| Interest Income | $27M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| 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 | $638.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $638.0K |
| Stock-Based Compensation | $809.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $224.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$224.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$163M |
| NET CASH FROM INVESTING | -$163M |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$73.0K |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | $155M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $54M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $221M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $135M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $7M |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $211M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $252M |
| Minority Interest | $0 |
| TOTAL EQUITY | $252M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $139M |
| Net Debt | -$28M |
