| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $40M | $27M | 36.1% | 100.6% |
| Op. Income | $19M | $16M | $15M | 18.0% | 24.1% |
| Gross Margin | 59.7% | 72.9% | 97.1% | -13.2pp | -37.4pp |
| Net Margin | 23.1% | 28.4% | 39.3% | -5.3pp | -16.1pp |
| EPS (Diluted) | $1.69 | $1.54 | $1.36 | 9.7% | 24.3% |
| Free Cash Flow | $30M | $11M | -$4M | 165.9% | 849.5% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $187.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $19M |
| Interest Income | $53M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $886.0K |
| EBIT | $19M |
| EBITDA | $20M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $187.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $19M |
| Interest Income | $53M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $886.0K |
| EBIT | $19M |
| EBITDA | $20M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $886.0K |
| Stock-Based Compensation | $852.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$542.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $128M |
| Common Stock Repurchased | -$451.0K |
| Common Dividends Paid | -$73.0K |
| Other Financing Activities | -$106M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $217M |
| Short-Term Investments | $54M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $2.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $0 |
| Short-Term Debt | $132M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $257M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $322M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $8M |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $235M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$628.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $284M |
| Minority Interest | $0 |
| TOTAL EQUITY | $284M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $409M |
| Net Debt | $193M |
