| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $88M | $67M | 5.6% | 38.0% |
| Op. Income | $18M | $25M | $27M | -27.4% | -33.7% |
| Gross Margin | 59.3% | 68.0% | 89.4% | -8.7pp | -30.1pp |
| Net Margin | 14.2% | 21.0% | 30.0% | -6.7pp | -15.8pp |
| EPS (Diluted) | $0.73 | $1.00 | $1.08 | -27.0% | -32.4% |
| Free Cash Flow | $4M | $38M | $39M | -88.8% | -88.9% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $706.0K |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $9M |
| Operating Expenses | $37M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $18M |
| Interest Income | $75M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $1M |
| EBIT | $18M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $706.0K |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $9M |
| Operating Expenses | $37M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $18M |
| Interest Income | $75M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $1M |
| EBIT | $18M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $58.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$735.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$159M |
| Sales/Maturities of Investments | $160M |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $107M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$890.0K |
| Other Financing Activities | -$111M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $541M |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $733M |
| PP&E (Net) | $40M |
| Goodwill | $36M |
| Intangible Assets | $10M |
| Long-Term Investments | $5.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $150M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $0 |
| Short-Term Debt | $485M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.2B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $133M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $160M |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $18M |
| Additional Paid-In Capital | $342M |
| Retained Earnings | $379M |
| Treasury Stock | -$105M |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $565M |
| Minority Interest | $0 |
| TOTAL EQUITY | $565M |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $637M |
| Net Debt | $465M |
