| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $45M | $34M | 10.5% | 49.3% |
| Op. Income | $5M | $3M | $11M | 62.5% | -52.5% |
| Gross Margin | 45.0% | 45.5% | 80.9% | -0.5pp | -35.9pp |
| Net Margin | 8.2% | 5.4% | 25.0% | 2.8pp | -16.9pp |
| EPS (Diluted) | $0.51 | $0.31 | $1.04 | 64.5% | -51.0% |
| Free Cash Flow | $16M | -$7M | $18M | 320.1% | -13.8% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $293.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $5M |
| Interest Income | $47M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $293.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $5M |
| Interest Income | $47M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $519.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$353.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $95M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$85M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $144M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $96M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.5B |
| Tax Assets | $13M |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $0 |
| Short-Term Debt | $516.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $311M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $368M |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $81.0K |
| Additional Paid-In Capital | $122M |
| Retained Earnings | $201M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $304M |
| Minority Interest | $0 |
| TOTAL EQUITY | $304M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $311M |
| Net Debt | $287M |
