| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $32M | $23M | 20.4% | 68.6% |
| Op. Income | $4M | -$302.0K | -$16M | 1529.8% | 127.8% |
| Gross Margin | 53.8% | 51.1% | 39.7% | 2.8pp | 14.2pp |
| Net Margin | 6.7% | -0.3% | -64.1% | 7.0pp | 70.8pp |
| EPS (Diluted) | $0.12 | $-0.00 | $-0.64 | 3343.2% | 118.8% |
| Free Cash Flow | $7M | -$6M | -$12M | 217.9% | 156.5% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $248.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $8M |
| Operating Expenses | $17M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $4M |
| Interest Income | $34M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $971.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $248.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $8M |
| Operating Expenses | $17M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $4M |
| Interest Income | $34M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $971.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $971.0K |
| Stock-Based Compensation | $666.0K |
| Deferred Income Tax | $713.0K |
| Other Non-Cash Items | $212.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$44.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$95M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $117M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.3B |
| Tax Assets | $16M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $8M |
| Short-Term Debt | $961.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $675M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $729M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $208M |
| Retained Earnings | $97M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | -$13M |
| TOTAL STOCKHOLDERS' EQUITY | $485M |
| Minority Interest | $0 |
| TOTAL EQUITY | $485M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $709M |
| Net Debt | $591M |
