| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $11M | 13.2% | 5.9% |
| Op. Income | $0 | $0 | $0 | — | — |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -26.2% | -16.6% | 14.0% | -9.6pp | -40.2pp |
| EPS (Diluted) | $-0.44 | $-0.24 | $0.21 | -83.3% | -309.5% |
| Free Cash Flow | $424.0K | -$1M | $269.0K | 130.4% | 57.6% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $325.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $0 |
| Interest Income | $12M |
| Interest Expense | $975.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$958.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | -$263.0K |
| EBIT | $263.0K |
| EBITDA | $0 |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | -$263.0K |
| Stock-Based Compensation | $30.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $391.0K |
| Capital Expenditure | $33.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$141.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $174.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $424.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $159M |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $168M |
| TOTAL ASSETS | $174M |
| Account Payables | $0 |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $65M |
| Common Stock | $35M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $151M |
| Treasury Stock | -$77M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $109M |
| Minority Interest | $0 |
| TOTAL EQUITY | $109M |
| TOTAL LIABILITIES & EQUITY | $174M |
| Total Debt | $63M |
| Net Debt | $61M |
