| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $20M | $19M | 4.9% | 14.9% |
| Op. Income | $11M | $9M | $10M | 21.0% | 10.6% |
| Gross Margin | 94.8% | 88.5% | 96.8% | 6.3pp | -2.0pp |
| Net Margin | 37.5% | 32.8% | 39.1% | 4.6pp | -1.6pp |
| EPS (Diluted) | $1.34 | $1.12 | $1.23 | 19.6% | 8.9% |
| Free Cash Flow | $12M | $10M | $12M | 28.7% | 1.2% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $233.0K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $9M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $11M |
| Interest Income | $19M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $443.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $233.0K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $9M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $11M |
| Interest Income | $19M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $443.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $443.0K |
| Stock-Based Compensation | $64.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $375.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$70.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $438M |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $583M |
| PP&E (Net) | $19M |
| Goodwill | $6M |
| Intangible Assets | $0 |
| Long-Term Investments | $949M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $990M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $24M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $28M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $146M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $26M |
| Net Debt | -$64M |
