| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $44M | $58M | -17.3% | -36.3% |
| Op. Income | $658.0K | $7M | $16M | -90.3% | -95.8% |
| Gross Margin | 84.4% | 93.1% | 96.6% | -8.7pp | -12.2pp |
| Net Margin | 2.5% | 11.9% | 21.8% | -9.3pp | -19.2pp |
| EPS (Diluted) | $0.04 | $0.25 | $0.53 | -84.0% | -92.5% |
| Free Cash Flow | $71M | $17M | $31M | 324.0% | 132.9% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $972.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $8M |
| Operating Expenses | $30M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $658.0K |
| Interest Income | $21M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $658.0K |
| Income Tax Expense | -$277.0K |
| Net Income from Continuing Ops | $935.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $935.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $935.0K |
| D&A | $939.0K |
| EBIT | $658.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $972.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $8M |
| Operating Expenses | $30M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $658.0K |
| Interest Income | $21M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $658.0K |
| Income Tax Expense | -$277.0K |
| Net Income from Continuing Ops | $935.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $935.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $935.0K |
| D&A | $939.0K |
| EBIT | $658.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $935.0K |
| Depreciation & Amortization | $939.0K |
| Stock-Based Compensation | $115.0K |
| Deferred Income Tax | -$123.0K |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$60.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$88M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$108M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $197M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $187M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $275M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $222.0K |
| Additional Paid-In Capital | $129M |
| Retained Earnings | $274M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | -$13M |
| TOTAL STOCKHOLDERS' EQUITY | $370M |
| Minority Interest | $0 |
| TOTAL EQUITY | $370M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $387M |
| Net Debt | $351M |
