| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $47M | $44M | 2.2% | 7.8% |
| Op. Income | $4M | $5M | $7M | -26.3% | -44.6% |
| Gross Margin | 69.0% | 74.9% | 93.1% | -5.9pp | -24.1pp |
| Net Margin | 6.8% | 8.6% | 11.9% | -1.8pp | -5.1pp |
| EPS (Diluted) | $0.16 | $0.20 | $0.25 | -20.0% | -36.0% |
| Free Cash Flow | $48M | -$40M | $17M | 220.2% | 186.7% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $916.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $7M |
| Operating Expenses | $29M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $4M |
| Interest Income | $26M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $500.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $715.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $916.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $7M |
| Operating Expenses | $29M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $4M |
| Interest Income | $26M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $500.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $715.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $715.0K |
| Stock-Based Compensation | $34.0K |
| Deferred Income Tax | $318.0K |
| Other Non-Cash Items | $46M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$127.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $624.0K |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $194M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $162M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $326M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $182M |
| TOTAL NON-CURRENT LIABILITIES | $508M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $209.0K |
| Additional Paid-In Capital | $110M |
| Retained Earnings | $273M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | -$12M |
| TOTAL STOCKHOLDERS' EQUITY | $346M |
| Minority Interest | $0 |
| TOTAL EQUITY | $346M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $488M |
| Net Debt | $432M |
