| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $15M | $15M | 16.1% | 12.6% |
| Op. Income | $4M | $3M | $2M | 8.8% | 68.1% |
| Gross Margin | 51.6% | 53.4% | 41.9% | -1.8pp | 9.7pp |
| Net Margin | 24.0% | 25.1% | 14.7% | -1.1pp | 9.3pp |
| EPS (Diluted) | $0.14 | $0.13 | $0.08 | 9.8% | 81.1% |
| Free Cash Flow | -$1M | -$210.0K | -$3M | -472.4% | 60.2% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $9M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $4M |
| Interest Income | $374.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $356.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $17.0K |
| 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 | $146.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $9M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $4M |
| Interest Income | $374.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $356.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $17.0K |
| 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 | $146.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $146.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $361.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$79.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $26M |
| Net Receivables | $11M |
| Inventory | $22M |
| Other Current Assets | $808.0K |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $150.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $91.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $84M |
| Account Payables | $5M |
| Short-Term Debt | $68.0K |
| Deferred Revenue | $83.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $283.0K |
| Additional Paid-In Capital | $127M |
| Retained Earnings | -$58M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$162.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $84M |
| Total Debt | $6M |
| Net Debt | -$11M |
