| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $76M | $56M | 6.0% | 45.6% |
| Op. Income | $35M | $32M | $17M | 9.2% | 109.7% |
| Gross Margin | 84.8% | 87.5% | 95.2% | -2.7pp | -10.4pp |
| Net Margin | 31.6% | 30.9% | 22.0% | 0.7pp | 9.6pp |
| EPS (Diluted) | $0.56 | $0.52 | $0.27 | 7.7% | 107.4% |
| Free Cash Flow | -$31M | $33M | $26M | -192.5% | -221.0% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $103.0K |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $11M |
| Operating Expenses | $34M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $35M |
| Interest Income | $73M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $103.0K |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $11M |
| Operating Expenses | $34M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $35M |
| Interest Income | $73M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $842.0K |
| Deferred Income Tax | $762.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $110M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | $92M |
| Net Debt Issuance | $125M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$176M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $1.3B |
| Net Receivables | $312M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $73M |
| Goodwill | $86M |
| Intangible Assets | $23M |
| Long-Term Investments | $3.6B |
| Tax Assets | $40M |
| Other Non-Current Assets | $252M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $0 |
| Short-Term Debt | $517M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $85M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $45M |
| Additional Paid-In Capital | $201M |
| Retained Earnings | $355M |
| Treasury Stock | -$746.0K |
| Accum. Other Comp. Income | -$86M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $514M |
| Minority Interest | $0 |
| TOTAL EQUITY | $514M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $602M |
| Net Debt | $489M |
