| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $42M | $35M | 5.2% | 23.9% |
| Op. Income | $7M | $7M | $15M | 1.3% | -50.4% |
| Gross Margin | 43.6% | 47.1% | 74.0% | -3.4pp | -30.4pp |
| Net Margin | 13.5% | 14.1% | 32.9% | -0.6pp | -19.4pp |
| EPS (Diluted) | $0.35 | $0.35 | $0.69 | 0.0% | -49.3% |
| Free Cash Flow | -$2M | -$66.0K | $12M | -2807.6% | -116.3% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $34.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $7M |
| Interest Income | $41M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $34.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $7M |
| Interest Income | $41M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $845.0K |
| Deferred Income Tax | -$255.0K |
| Other Non-Cash Items | -$62.0K |
| Change in Working Capital | $104.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $609M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $642M |
| PP&E (Net) | $76M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.8B |
| Tax Assets | $42M |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $0 |
| Short-Term Debt | $262M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $444M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $444M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $271M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$104M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $204M |
| Minority Interest | $0 |
| TOTAL EQUITY | $204M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $705M |
| Net Debt | $684M |
