| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $59M | $49M | -2.0% | 19.2% |
| Op. Income | $12M | $16M | $23M | -22.1% | -47.6% |
| Gross Margin | 49.6% | 57.2% | 81.2% | -7.6pp | -31.6pp |
| Net Margin | 14.5% | 18.4% | 34.0% | -3.9pp | -19.5pp |
| EPS (Diluted) | $0.63 | $0.58 | $0.87 | 8.6% | -27.6% |
| Free Cash Flow | $25M | $18M | $26M | 40.7% | -1.1% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $340.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $12M |
| Interest Income | $55M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| 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 | $2M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $340.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $12M |
| Interest Income | $55M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| 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 | $2M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $143.0K |
| Deferred Income Tax | $282.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$25.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$216M |
| Sales/Maturities of Investments | $251M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | $84M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $331M |
| Short-Term Investments | $354M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $686M |
| PP&E (Net) | $56M |
| Goodwill | $71M |
| Intangible Assets | $3M |
| Long-Term Investments | $3.1B |
| Tax Assets | $18M |
| Other Non-Current Assets | $151M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $339M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $413M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $277M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $247M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $502M |
| Minority Interest | $72.0K |
| TOTAL EQUITY | $503M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $370M |
| Net Debt | $39M |
