| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $32M | $20M | 7.5% | 76.2% |
| Op. Income | $16M | $16M | $10M | 4.7% | 63.7% |
| Gross Margin | 70.6% | 74.2% | 90.2% | -3.6pp | -19.6pp |
| Net Margin | 34.2% | 34.4% | 38.4% | -0.2pp | -4.2pp |
| EPS (Diluted) | $0.80 | $0.75 | $0.49 | 6.7% | 63.3% |
| Free Cash Flow | $13M | $7M | $7M | 85.6% | 87.8% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $133.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $8M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $16M |
| Interest Income | $35M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $286.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $133.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $8M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $16M |
| Interest Income | $35M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $286.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $286.0K |
| Stock-Based Compensation | $773.0K |
| Deferred Income Tax | -$741.0K |
| Other Non-Cash Items | $471.0K |
| Change in Working Capital | $288.0K |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$163.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76.0K |
| Sales/Maturities of Investments | $324.0K |
| Other Investing Activities | -$116M |
| NET CASH FROM INVESTING | -$116M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$902.0K |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $28M |
| Goodwill | $200.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $64M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $82M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $145.0K |
| Additional Paid-In Capital | $115M |
| Retained Earnings | $164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $178.0K |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $272M |
| Minority Interest | $0 |
| TOTAL EQUITY | $272M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $67M |
| Net Debt | -$40M |
