| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $3M | — | 662.3% | — |
| Op. Income | $11M | -$12M | — | 191.4% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 42.3% | -322.7% | — | 365.0pp | — |
| EPS (Diluted) | $1.20 | $-0.90 | — | 233.3% | — |
| Free Cash Flow | -$11M | -$12M | — | 11.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $27M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $11M |
| Interest Income | $418.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $468.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $556.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $27M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $11M |
| Interest Income | $418.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $468.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $556.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $556.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$159.0K |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$179.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$493.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $12M |
