| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $40M | $33M | 3.8% | 29.0% |
| Op. Income | $6M | $9M | $10M | -38.0% | -45.7% |
| Gross Margin | 64.7% | 73.7% | 93.1% | -9.0pp | -28.4pp |
| Net Margin | 9.6% | 16.0% | 23.1% | -6.4pp | -13.5pp |
| EPS (Diluted) | $0.20 | $0.32 | $0.38 | -37.5% | -47.4% |
| Free Cash Flow | -$2M | $11M | $17M | -116.2% | -110.0% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $6M |
| Interest Income | $37M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| 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 | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $6M |
| Interest Income | $37M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| 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 | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $170.0K |
| Deferred Income Tax | -$617.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$570.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7.0K |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | $145M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | $85M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $78M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $137M |
| PP&E (Net) | $60M |
| Goodwill | $63M |
| Intangible Assets | $10M |
| Long-Term Investments | $3.3B |
| Tax Assets | $11M |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $3M |
| Short-Term Debt | $276M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $43M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $199.0K |
| Additional Paid-In Capital | $202M |
| Retained Earnings | $169M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363M |
| Minority Interest | $0 |
| TOTAL EQUITY | $363M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $329M |
| Net Debt | $283M |
