| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $37M | $36M | -1.0% | 0.5% |
| Op. Income | $7M | $6M | $17M | 17.4% | -58.6% |
| Gross Margin | 69.7% | 70.6% | 97.3% | -0.9pp | -27.6pp |
| Net Margin | 14.5% | 12.4% | 33.5% | 2.2pp | -19.0pp |
| EPS (Diluted) | $0.33 | $0.28 | $0.76 | 17.9% | -56.6% |
| Free Cash Flow | $13M | $8M | $19M | 75.5% | -28.9% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $7M |
| Interest Income | $35M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $758.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $7M |
| Interest Income | $35M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $758.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $758.0K |
| Stock-Based Compensation | $350.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | $86.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $111M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | $128M |
| Net Debt Issuance | -$172M |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $118M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $659M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $782M |
| PP&E (Net) | $30M |
| Goodwill | $73M |
| Intangible Assets | $4M |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $149M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $0 |
| Short-Term Debt | $120M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $217M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $278M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $419M |
| Minority Interest | $0 |
| TOTAL EQUITY | $419M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $144M |
| Net Debt | $21M |
