| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $103M | $76M | 6.8% | 45.2% |
| Op. Income | $21M | $26M | $16M | -19.7% | 27.5% |
| Gross Margin | 64.3% | 73.5% | 84.3% | -9.1pp | -19.9pp |
| Net Margin | 15.3% | 20.4% | 17.4% | -5.2pp | -2.1pp |
| EPS (Diluted) | $0.57 | $0.71 | $0.45 | -19.7% | 26.7% |
| Free Cash Flow | $18M | $18M | $34M | -2.8% | -48.7% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $622.0K |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $18M |
| Operating Expenses | $50M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $21M |
| Interest Income | $90M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $622.0K |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $18M |
| Operating Expenses | $50M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $21M |
| Interest Income | $90M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$232M |
| NET CASH FROM INVESTING | -$237M |
| Net Debt Issuance | $73M |
| Common Stock Repurchased | -$23.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $153M |
| NET CASH FROM FINANCING | $220M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $140M |
| Short-Term Investments | $356M |
| Net Receivables | $234M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $731M |
| PP&E (Net) | $82M |
| Goodwill | $176M |
| Intangible Assets | $11M |
| Long-Term Investments | $6.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $269M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $61M |
| Short-Term Debt | $245M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.0B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $469M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $502M |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $158M |
| Additional Paid-In Capital | $299M |
| Retained Earnings | $454M |
| Treasury Stock | -$45M |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $805M |
| Minority Interest | $0 |
| TOTAL EQUITY | $805M |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $747M |
| Net Debt | $606M |
