| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $85M | $90M | -2.0% | -7.6% |
| Op. Income | $26M | $24M | $25M | 6.4% | 4.2% |
| Gross Margin | 88.0% | 87.0% | 84.2% | 1.0pp | 3.7pp |
| Net Margin | 31.8% | 31.2% | 29.5% | 0.6pp | 2.3pp |
| EPS (Diluted) | $1.90 | $1.90 | $1.98 | -0.2% | -4.3% |
| Free Cash Flow | $0 | $9M | — | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $73M |
| R&D Expenses | $1M |
| Selling & Marketing | $40M |
| General & Administrative | $6M |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $26M |
| Interest Income | $958.7K |
| Interest Expense | $310.3K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $73M |
| R&D Expenses | $1M |
| Selling & Marketing | $40M |
| General & Administrative | $6M |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $26M |
| Interest Income | $958.7K |
| Interest Expense | $310.3K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $13M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $138M |
| PP&E (Net) | $158M |
| Goodwill | $0 |
| Intangible Assets | $173.0K |
| Long-Term Investments | $9M |
| Tax Assets | $3M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $187M |
| TOTAL ASSETS | $325M |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $119M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $169M |
| TOTAL LIABILITIES | $355M |
| Common Stock | $292 |
| Additional Paid-In Capital | $337M |
| Retained Earnings | -$385M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$29M |
| Minority Interest | -$859.6K |
| TOTAL EQUITY | -$30M |
| TOTAL LIABILITIES & EQUITY | $325M |
| Total Debt | $74M |
| Net Debt | -$30M |
