| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $21M | $18M | 1.5% | 16.8% |
| Op. Income | $4M | $3M | $7M | 16.6% | -49.6% |
| Gross Margin | 63.1% | 65.3% | 91.0% | -2.2pp | -28.0pp |
| Net Margin | 13.8% | 12.3% | 30.6% | 1.6pp | -16.8pp |
| EPS (Diluted) | $0.33 | $0.28 | $0.62 | 17.9% | -46.8% |
| Free Cash Flow | $1M | $3M | $3M | -64.2% | -69.0% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $4M |
| Interest Income | $19M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $597.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $459.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $4M |
| Interest Income | $19M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $597.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $459.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $459.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $297.0K |
| Other Non-Cash Items | $297.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16.0K |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $737M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $851M |
| PP&E (Net) | $22M |
| Goodwill | $12M |
| Intangible Assets | $2M |
| Long-Term Investments | $1.2B |
| Tax Assets | $23M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $4M |
| Short-Term Debt | $61M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $106M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $18M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $147M |
| Minority Interest | $0 |
| TOTAL EQUITY | $147M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $167M |
| Net Debt | $67M |
