| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $44M | $33M | 1.3% | 33.6% |
| Op. Income | $12M | $12M | -$6M | -6.7% | 280.7% |
| Gross Margin | 71.5% | 75.0% | 89.5% | -3.5pp | -18.0pp |
| Net Margin | 20.4% | 22.5% | -14.6% | -2.1pp | 34.9pp |
| EPS (Diluted) | $0.87 | $0.94 | $-0.47 | -7.4% | 285.1% |
| Free Cash Flow | $8M | $15M | $12M | -46.1% | -33.4% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $332.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $12M |
| Interest Income | $39M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $332.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $12M |
| Interest Income | $39M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $609.0K |
| Deferred Income Tax | -$547.0K |
| Other Non-Cash Items | -$99.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$266.0K |
| Acquisitions (Net) | $15.0K |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $495M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $602M |
| PP&E (Net) | $29M |
| Goodwill | $19M |
| Intangible Assets | $3M |
| Long-Term Investments | $2.2B |
| Tax Assets | $26M |
| Other Non-Current Assets | $131M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $0 |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $189M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $247M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $583.0K |
| Additional Paid-In Capital | $188M |
| Retained Earnings | $112M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $243M |
| Minority Interest | $0 |
| TOTAL EQUITY | $243M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $207M |
| Net Debt | $112M |
