| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $55M | $43M | 2.2% | 32.0% |
| Op. Income | $16M | $25M | $21M | -38.6% | -26.0% |
| Gross Margin | 61.4% | 71.9% | 87.2% | -10.5pp | -25.8pp |
| Net Margin | 19.5% | 32.0% | 34.4% | -12.5pp | -14.8pp |
| EPS (Diluted) | $0.58 | $0.92 | $0.74 | -37.0% | -21.6% |
| Free Cash Flow | $16M | $22M | $32M | -25.7% | -49.8% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $300.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $16M |
| Interest Income | $53M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $300.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $16M |
| Interest Income | $53M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $316.0K |
| Deferred Income Tax | -$11.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$524.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$87M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$159.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $174M |
| NET CASH FROM FINANCING | $170M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $293M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $575M |
| PP&E (Net) | $57M |
| Goodwill | $71M |
| Intangible Assets | $3M |
| Long-Term Investments | $3.3B |
| Tax Assets | $16M |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $409M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $441M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $277M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $234M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $495M |
| Minority Interest | $72.0K |
| TOTAL EQUITY | $495M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $440M |
| Net Debt | $208M |
