| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $52M | $42M | 2.5% | 27.1% |
| Op. Income | $16M | $20M | $19M | -17.5% | -16.6% |
| Gross Margin | 69.9% | 79.1% | 90.4% | -9.2pp | -20.5pp |
| Net Margin | 22.0% | 27.2% | 33.7% | -5.2pp | -11.7pp |
| EPS (Diluted) | $0.26 | $0.31 | $0.30 | -16.1% | -13.3% |
| Free Cash Flow | $17M | $25M | $19M | -30.9% | -11.5% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $847.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $16M |
| Interest Income | $49M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| 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 | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $847.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $16M |
| Interest Income | $49M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| 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 | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$739.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | $618M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$550M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $897M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $58M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $270M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $985M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $589M |
| Retained Earnings | $424M |
| Treasury Stock | -$257M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | -$15M |
| TOTAL STOCKHOLDERS' EQUITY | $698M |
| Minority Interest | $0 |
| TOTAL EQUITY | $698M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $1.0B |
| Net Debt | $890M |
