| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $17M | $14M | 6.8% | 29.4% |
| Op. Income | $2M | $3M | $4M | -29.8% | -41.1% |
| Gross Margin | 55.0% | 60.3% | 80.0% | -5.3pp | -25.0pp |
| Net Margin | 10.5% | 15.5% | 22.1% | -5.0pp | -11.5pp |
| EPS (Diluted) | $0.19 | $0.26 | $0.29 | -26.9% | -34.5% |
| Free Cash Flow | $2M | $3M | $5M | -25.4% | -59.0% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $94.7K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $8M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $2M |
| Interest Income | $17M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $274.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $299.5K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $94.7K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $8M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $2M |
| Interest Income | $17M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $274.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $299.5K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $299.5K |
| Stock-Based Compensation | $540.6K |
| Deferred Income Tax | $35.8K |
| Other Non-Cash Items | $218.9K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$47.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $264M |
| Net Receivables | $160M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $445M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $918M |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $978M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $238M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $247M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $102M |
| Retained Earnings | $88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$60M |
| Other Equity | -$12M |
| TOTAL STOCKHOLDERS' EQUITY | $119M |
| Minority Interest | $0 |
| TOTAL EQUITY | $119M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $238M |
| Net Debt | $217M |
