| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $93M | $71M | 4.7% | 35.7% |
| Op. Income | $13M | $18M | $28M | -30.4% | -54.6% |
| Gross Margin | 50.6% | 59.3% | 85.9% | -8.7pp | -35.2pp |
| Net Margin | 9.0% | 14.2% | 28.2% | -5.2pp | -19.2pp |
| EPS (Diluted) | $0.49 | $0.73 | $1.09 | -32.9% | -55.0% |
| Free Cash Flow | $24M | $4M | $34M | 454.9% | -29.4% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $482.0K |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $10M |
| Operating Expenses | $36M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $13M |
| Interest Income | $78M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| 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 | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $482.0K |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $10M |
| Operating Expenses | $36M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $13M |
| Interest Income | $78M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| 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 | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $34.0K |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$919.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$161M |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | -$50M |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$893.0K |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $521M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $732M |
| PP&E (Net) | $39M |
| Goodwill | $36M |
| Intangible Assets | $10M |
| Long-Term Investments | $5.5B |
| Tax Assets | $3M |
| Other Non-Current Assets | $155M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $0 |
| Short-Term Debt | $471M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $133M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $18M |
| Additional Paid-In Capital | $345M |
| Retained Earnings | $386M |
| Treasury Stock | -$108M |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $559M |
| Minority Interest | $0 |
| TOTAL EQUITY | $559M |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $621M |
| Net Debt | $433M |
