| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $54M | $50M | 0.7% | 10.7% |
| Op. Income | $11M | $13M | $24M | -16.0% | -53.4% |
| Gross Margin | 57.4% | 63.5% | 87.7% | -6.2pp | -30.4pp |
| Net Margin | 14.9% | 17.5% | 34.3% | -2.6pp | -19.3pp |
| EPS (Diluted) | $0.19 | $0.22 | $0.37 | -13.6% | -48.6% |
| Free Cash Flow | $11M | $2M | $17M | 355.9% | -36.1% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $414.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $20M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $11M |
| Interest Income | $52M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $414.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $20M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $11M |
| Interest Income | $52M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $889.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$514.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$740.0K |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | $92M |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$154M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $744M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $842M |
| PP&E (Net) | $56M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $286M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $0 |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $955M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $590M |
| Retained Earnings | $431M |
| Treasury Stock | -$274M |
| Accum. Other Comp. Income | -$48M |
| Other Equity | -$15M |
| TOTAL STOCKHOLDERS' EQUITY | $684M |
| Minority Interest | $0 |
| TOTAL EQUITY | $684M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $1.0B |
| Net Debt | $936M |
