| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $60M | $70M | 2.6% | -11.7% |
| Op. Income | $6M | $2M | $7M | 156.3% | -17.5% |
| Gross Margin | 66.5% | 64.1% | 62.8% | 2.4pp | 3.7pp |
| Net Margin | 6.9% | 1.8% | 7.7% | 5.1pp | -0.8pp |
| EPS (Diluted) | $0.14 | $0.03 | $0.17 | 366.7% | -17.6% |
| Free Cash Flow | -$2M | $259.0K | $2M | -818.1% | -221.6% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $41M |
| R&D Expenses | $14M |
| Selling & Marketing | $17M |
| General & Administrative | $4M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $6M |
| Interest Income | $492.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $492.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $652.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $41M |
| R&D Expenses | $14M |
| Selling & Marketing | $17M |
| General & Administrative | $4M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $6M |
| Interest Income | $492.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $492.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $652.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $652.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $315.0K |
| Other Non-Cash Items | -$65.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $178.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$81.0K |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$127.5K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $4M |
| Net Receivables | $50M |
| Inventory | $45M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $39M |
| Long-Term Investments | $86M |
| Tax Assets | $8M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $195M |
| TOTAL ASSETS | $329M |
| Account Payables | $7M |
| Short-Term Debt | $6M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $179M |
| TOTAL STOCKHOLDERS' EQUITY | $179M |
| Minority Interest | $0 |
| TOTAL EQUITY | $179M |
| TOTAL LIABILITIES & EQUITY | $329M |
| Total Debt | $36M |
| Net Debt | $9M |
