| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $40M | $32M | 9.2% | 35.8% |
| Op. Income | $12M | $11M | $11M | 8.8% | 15.3% |
| Gross Margin | 75.0% | 78.3% | 90.7% | -3.2pp | -15.6pp |
| Net Margin | 22.5% | 22.9% | 27.5% | -0.4pp | -5.0pp |
| EPS (Diluted) | $0.94 | $0.87 | $0.83 | 8.0% | 13.3% |
| Free Cash Flow | $15M | $5M | $18M | 190.1% | -18.6% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $919.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $12M |
| Interest Income | $37M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| 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 | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $919.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $12M |
| Interest Income | $37M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| 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 | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $535.0K |
| Deferred Income Tax | -$365.0K |
| Other Non-Cash Items | $39.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$716.0K |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $509M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $597M |
| PP&E (Net) | $30M |
| Goodwill | $19M |
| Intangible Assets | $3M |
| Long-Term Investments | $2.2B |
| Tax Assets | $22M |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $55M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $169M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $224M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $583.0K |
| Additional Paid-In Capital | $188M |
| Retained Earnings | $105M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $246M |
| Minority Interest | $0 |
| TOTAL EQUITY | $246M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $184M |
| Net Debt | $108M |
