| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $30M | $22M | 9.2% | 48.4% |
| Op. Income | $11M | $11M | $12M | -4.5% | -7.7% |
| Gross Margin | 68.5% | 74.5% | 95.5% | -6.1pp | -27.0pp |
| Net Margin | 22.9% | 26.7% | 36.8% | -3.8pp | -13.9pp |
| EPS (Diluted) | $0.48 | $0.51 | $0.53 | -5.9% | -9.4% |
| Free Cash Flow | $44M | $3M | $12M | 1603.0% | 268.9% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $162.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $11M |
| Interest Income | $29M |
| Interest Expense | $11M |
| 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 | $7M |
| D&A | $334.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $162.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $11M |
| Interest Income | $29M |
| Interest Expense | $11M |
| 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 | $7M |
| D&A | $334.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $334.0K |
| Stock-Based Compensation | $324.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$414.0K |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$581.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$571.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $213M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $402M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7B |
| Tax Assets | $12M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $79M |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $184M |
| Minority Interest | $0 |
| TOTAL EQUITY | $184M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $61M |
| Net Debt | -$121M |
