| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $53M | $44M | 2.3% | 23.2% |
| Op. Income | $13M | $16M | $22M | -18.9% | -40.1% |
| Gross Margin | 63.5% | 69.9% | 91.3% | -6.4pp | -27.7pp |
| Net Margin | 17.5% | 22.0% | 35.9% | -4.4pp | -18.4pp |
| EPS (Diluted) | $0.22 | $0.26 | $0.34 | -15.4% | -35.3% |
| Free Cash Flow | $2M | $17M | $19M | -85.6% | -87.4% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $573.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $13M |
| Interest Income | $51M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $573.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $13M |
| Interest Income | $51M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $802.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$421.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$822.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$210.0K |
| Sales/Maturities of Investments | $89M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | $75M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$185M |
| NET CASH FROM FINANCING | -$129M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $802M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $909M |
| PP&E (Net) | $57M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $279M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $0 |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $960M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $589M |
| Retained Earnings | $428M |
| Treasury Stock | -$271M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | -$15M |
| TOTAL STOCKHOLDERS' EQUITY | $687M |
| Minority Interest | $0 |
| TOTAL EQUITY | $687M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $1.0B |
| Net Debt | $933M |
