| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $76M | $71M | -4.0% | 1.8% |
| Op. Income | $12M | $20M | $13M | -37.0% | -8.4% |
| Gross Margin | 100.0% | 45.2% | 39.6% | 54.8pp | 60.4pp |
| Net Margin | 13.7% | 20.7% | 15.9% | -6.9pp | -2.2pp |
| EPS (Diluted) | $0.52 | $0.81 | $0.59 | -35.8% | -11.9% |
| Free Cash Flow | $5M | $7M | $10M | -36.2% | -54.7% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $53M |
| Operating Expenses | $60M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $53M |
| Operating Expenses | $60M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $373.0K |
| Stock-Based Compensation | $470.0K |
| Deferred Income Tax | -$50.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$490.0K |
| Acquisitions (Net) | -$27M |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | -$24.0K |
| Common Stock Repurchased | -$165.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $144M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $204M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $889M |
| Tax Assets | $26M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $965M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $961M |
| Common Stock | $207.0K |
| Additional Paid-In Capital | $222M |
| Retained Earnings | $169M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $336M |
| Minority Interest | $0 |
| TOTAL EQUITY | $336M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $0 |
| Net Debt | -$59M |
