| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $67M | $35M | 1.4% | 94.4% |
| Op. Income | $36M | $30M | $27M | 20.3% | 32.9% |
| Gross Margin | 83.8% | 83.7% | 100.0% | 0.0pp | -16.2pp |
| Net Margin | 16.1% | 10.5% | 32.6% | 5.6pp | -16.5pp |
| EPS (Diluted) | $0.43 | $0.27 | $0.47 | 59.3% | -8.5% |
| Free Cash Flow | $101M | -$88M | -$434M | 214.4% | 123.3% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $7M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $730.0K |
| EBIT | $35M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $7M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $730.0K |
| EBIT | $35M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $592.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $63M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$164.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$48M |
| Common Stock Repurchased | -$86.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $6M |
| Goodwill | $21M |
| Intangible Assets | $43M |
| Long-Term Investments | $75M |
| Tax Assets | $0 |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $205M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $39M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $643M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $433M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $491.0K |
| Additional Paid-In Capital | $193M |
| Retained Earnings | $14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$184.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $227M |
| Minority Interest | $0 |
| TOTAL EQUITY | $227M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $656M |
| Net Debt | $503M |
