| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $61M | $34M | 9.4% | 95.9% |
| Op. Income | $30M | $25M | $26M | 20.6% | 13.4% |
| Gross Margin | 83.7% | 84.2% | 100.0% | -0.5pp | -16.3pp |
| Net Margin | 10.5% | 30.4% | 39.6% | -19.9pp | -29.1pp |
| EPS (Diluted) | $0.27 | $0.74 | $0.56 | -63.5% | -51.8% |
| Free Cash Flow | -$88M | -$72M | -$72M | -23.6% | -23.5% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $8M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $750.0K |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $8M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $750.0K |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $750.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | -$89M |
| Capital Expenditure | $36.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $204M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$448.0K |
| NET CASH FROM FINANCING | $199M |
| FREE CASH FLOW | -$88M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $7M |
| Goodwill | $21M |
| Intangible Assets | $42M |
| Long-Term Investments | $62M |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $185M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $41M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $697M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $429M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $491.0K |
| Additional Paid-In Capital | $192M |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$203.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $221M |
| Minority Interest | -$487.0K |
| TOTAL EQUITY | $221M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $706M |
| Net Debt | $516M |
