| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $9M | 4.2% | 34.8% |
| Op. Income | $5M | $5M | $4M | -2.5% | 39.4% |
| Gross Margin | 79.8% | 81.9% | 89.1% | -2.1pp | -9.3pp |
| Net Margin | 29.7% | 32.7% | 28.4% | -3.1pp | 1.3pp |
| EPS (Diluted) | $0.35 | $0.52 | $0.33 | -32.7% | 6.1% |
| Free Cash Flow | -$49M | $57M | $5M | -186.0% | -1148.6% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $5.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $5M |
| Interest Income | $12M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $262.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $5.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $5M |
| Interest Income | $12M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $262.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $262.0K |
| Stock-Based Compensation | $333.0K |
| Deferred Income Tax | $120.0K |
| Other Non-Cash Items | -$749.0K |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | -$49M |
| Capital Expenditure | $12.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | -$49M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $36M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $154M |
| PP&E (Net) | $14M |
| Goodwill | $14M |
| Intangible Assets | $1M |
| Long-Term Investments | $709M |
| Tax Assets | $9M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $778M |
| TOTAL ASSETS | $931M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $646M |
| TOTAL CURRENT LIABILITIES | $646M |
| Long-Term Debt | $75M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $736M |
| Common Stock | $114.0K |
| Additional Paid-In Capital | $110M |
| Retained Earnings | $95M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$8M |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $931M |
| Total Debt | $75M |
| Net Debt | -$40M |
