| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $20M | $17M | -2.5% | 15.1% |
| Op. Income | $5M | $7M | $7M | -20.9% | -22.1% |
| Gross Margin | 69.6% | 76.0% | 95.9% | -6.4pp | -26.3pp |
| Net Margin | 23.4% | 27.7% | 33.5% | -4.3pp | -10.0pp |
| EPS (Diluted) | $0.86 | $1.05 | $1.08 | -18.1% | -20.4% |
| Free Cash Flow | $211.0K | $3M | $8M | -92.6% | -97.2% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $262.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $4M |
| Operating Expenses | $8M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $5M |
| Interest Income | $17M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $824.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $262.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $4M |
| Operating Expenses | $8M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $5M |
| Interest Income | $17M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $824.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $198.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $580.0K |
| Capital Expenditure | -$369.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $211.0K |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $391M |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $447M |
| PP&E (Net) | $23M |
| Goodwill | $8M |
| Intangible Assets | $5M |
| Long-Term Investments | $1.0B |
| Tax Assets | $20M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $3M |
| Short-Term Debt | $43M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $13M |
| Additional Paid-In Capital | $106M |
| Retained Earnings | $72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $136M |
| Minority Interest | $0 |
| TOTAL EQUITY | $136M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $53M |
| Net Debt | $36M |
