| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $33M | $26M | 2.5% | 32.1% |
| Op. Income | $9M | $11M | $12M | -19.4% | -28.3% |
| Gross Margin | 61.9% | 68.5% | 91.9% | -6.6pp | -30.0pp |
| Net Margin | 18.1% | 22.9% | 33.2% | -4.8pp | -15.2pp |
| EPS (Diluted) | $0.39 | $0.48 | $0.54 | -18.7% | -27.8% |
| Free Cash Flow | $8M | $44M | $22M | -82.2% | -63.6% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $159.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $9M |
| Interest Income | $30M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $339.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $159.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $9M |
| Interest Income | $30M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $339.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $339.0K |
| Stock-Based Compensation | $314.0K |
| Deferred Income Tax | -$606.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$785.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $202M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $354M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7B |
| Tax Assets | $13M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $75M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $99M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $77M |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $184M |
| Minority Interest | $0 |
| TOTAL EQUITY | $184M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $85M |
| Net Debt | -$58M |
