| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $35M | $765.3K | 29.9% | 5861.4% |
| Op. Income | $34M | $24M | -$7M | 41.4% | 601.1% |
| Gross Margin | 74.8% | 69.0% | -816.7% | 5.7pp | 891.5pp |
| Net Margin | 74.2% | 68.1% | -882.7% | 6.1pp | 956.9pp |
| EPS (Diluted) | $1.30 | $0.94 | $-0.21 | 38.3% | 719.0% |
| Free Cash Flow | $21M | -$10M | $41M | 307.0% | -49.3% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $546.2K |
| SG&A Expenses | $546.2K |
| Other Expenses | -$274.7K |
| Operating Expenses | $271.5K |
| Cost & Expenses | $12M |
| OPERATING INCOME | $34M |
| Interest Income | $27M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $546.2K |
| SG&A Expenses | $546.2K |
| Other Expenses | -$274.7K |
| Operating Expenses | $271.5K |
| Cost & Expenses | $12M |
| OPERATING INCOME | $34M |
| Interest Income | $27M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.1B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $633M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $636M |
| TOTAL LIABILITIES | $678M |
| Common Stock | $26.7K |
| Additional Paid-In Capital | $513M |
| Retained Earnings | -$66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $447M |
| Minority Interest | $0 |
| TOTAL EQUITY | $447M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $633M |
| Net Debt | $629M |
