| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $65M | $45M | 9.7% | 56.5% |
| Op. Income | $7M | $11M | $8M | -37.1% | -15.2% |
| Gross Margin | 48.2% | 53.6% | 67.7% | -5.4pp | -19.5pp |
| Net Margin | 7.9% | 13.7% | 14.9% | -5.9pp | -7.1pp |
| EPS (Diluted) | $0.32 | $0.53 | $0.49 | -39.6% | -34.7% |
| Free Cash Flow | $2M | $9M | $7M | -80.1% | -74.5% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $515.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $9M |
| Operating Expenses | $27M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $7M |
| Interest Income | $69M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| 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 | $4M |
| D&A | -$254.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $515.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $9M |
| Operating Expenses | $27M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $7M |
| Interest Income | $69M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| 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 | $4M |
| D&A | -$254.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | -$254.0K |
| Stock-Based Compensation | $368.0K |
| Deferred Income Tax | -$430.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$224M |
| NET CASH FROM INVESTING | -$227M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $239M |
| NET CASH FROM FINANCING | $242M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $201M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $366M |
| PP&E (Net) | $50M |
| Goodwill | $18M |
| Intangible Assets | $1M |
| Long-Term Investments | $3.5B |
| Tax Assets | $8M |
| Other Non-Current Assets | $239M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $4M |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $81M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $128M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $14M |
| Additional Paid-In Capital | $319M |
| Retained Earnings | $70M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $400M |
| Minority Interest | $0 |
| TOTAL EQUITY | $400M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $138M |
| Net Debt | -$4M |
