| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $37M | $43M | 7.4% | -9.2% |
| Op. Income | $3M | $658.0K | $7M | 322.8% | -59.2% |
| Gross Margin | 78.3% | 84.4% | 92.9% | -6.1pp | -14.6pp |
| Net Margin | 5.5% | 2.5% | 12.2% | 2.9pp | -6.7pp |
| EPS (Diluted) | $0.10 | $0.04 | $0.23 | 150.0% | -56.5% |
| Free Cash Flow | -$35M | $71M | $142M | -149.0% | -124.5% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $889.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $7M |
| Operating Expenses | $28M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $3M |
| Interest Income | $22M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $627.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $815.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $889.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $7M |
| Operating Expenses | $28M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $3M |
| Interest Income | $22M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $627.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $815.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $815.0K |
| Stock-Based Compensation | $106.0K |
| Deferred Income Tax | $61.0K |
| Other Non-Cash Items | -$31M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$35M |
| Capital Expenditure | -$52.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $115M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | $85M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $200M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $302M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $211M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $290M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $354M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $219.0K |
| Additional Paid-In Capital | $123M |
| Retained Earnings | $272M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | -$13M |
| TOTAL STOCKHOLDERS' EQUITY | $366M |
| Minority Interest | $0 |
| TOTAL EQUITY | $366M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $502M |
| Net Debt | $456M |
