| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $34M | $26M | 10.6% | 43.5% |
| Op. Income | $14M | $12M | $14M | 16.7% | 0.4% |
| Gross Margin | 75.1% | 75.1% | 101.1% | 0.0pp | -26.0pp |
| Net Margin | 27.4% | 25.6% | 39.1% | 1.8pp | -11.7pp |
| EPS (Diluted) | $0.70 | $0.58 | $0.67 | 20.7% | 4.5% |
| Free Cash Flow | $18M | $14M | $29M | 31.5% | -37.3% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $372.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $14M |
| Interest Income | $35M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $982.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $372.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $14M |
| Interest Income | $35M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $982.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $982.0K |
| Stock-Based Compensation | $120.0K |
| Deferred Income Tax | -$449.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$122.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $96M |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $145M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $343M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $2.1B |
| Tax Assets | $4M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $143M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $133M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $337M |
| Minority Interest | $0 |
| TOTAL EQUITY | $337M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $6M |
| Net Debt | -$184M |
