| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $38M | $30M | 5.9% | 33.0% |
| Op. Income | $9M | $11M | $8M | -21.7% | 17.9% |
| Gross Margin | 73.7% | 84.8% | 91.8% | -11.1pp | -18.1pp |
| Net Margin | 16.0% | 22.0% | 18.5% | -6.1pp | -2.5pp |
| EPS (Diluted) | $0.32 | $0.42 | $0.28 | -23.8% | 14.3% |
| Free Cash Flow | $11M | $2M | $24M | 333.6% | -56.2% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $9M |
| Interest Income | $35M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $9M |
| Interest Income | $35M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $155.0K |
| Deferred Income Tax | -$126.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$619.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.0K |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$116M |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | $92M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $82M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $131M |
| PP&E (Net) | $60M |
| Goodwill | $63M |
| Intangible Assets | $10M |
| Long-Term Investments | $3.2B |
| Tax Assets | $10M |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $2M |
| Short-Term Debt | $132M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $43M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $199.0K |
| Additional Paid-In Capital | $202M |
| Retained Earnings | $168M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $362M |
| Minority Interest | $0 |
| TOTAL EQUITY | $362M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $184M |
| Net Debt | $147M |
