| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $26M | $24M | 11.9% | 18.9% |
| Op. Income | $6M | $3M | $8M | 59.3% | -29.7% |
| Gross Margin | 65.9% | 67.6% | 91.2% | -1.7pp | -25.3pp |
| Net Margin | 15.5% | 10.7% | 24.6% | 4.8pp | -9.1pp |
| EPS (Diluted) | $0.21 | $0.13 | $0.28 | 61.5% | -25.0% |
| Free Cash Flow | $7M | $3M | $11M | 101.1% | -38.0% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $362.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $6M |
| Interest Income | $26M |
| Interest Expense | $10M |
| 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 | $629.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $362.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $6M |
| Interest Income | $26M |
| Interest Expense | $10M |
| 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 | $629.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $629.0K |
| Stock-Based Compensation | $418.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$418.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$712.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$966.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $131M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $192M |
| PP&E (Net) | $25M |
| Goodwill | $12M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.2B |
| Tax Assets | $16M |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $141M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $169M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $219.0K |
| Additional Paid-In Capital | $127M |
| Retained Earnings | $136M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $231M |
| Minority Interest | $0 |
| TOTAL EQUITY | $231M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $150M |
| Net Debt | $97M |
