| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $261M | $236M | 1.1% | 11.6% |
| Op. Income | $16M | $12M | $20M | 34.9% | -20.4% |
| Gross Margin | 53.3% | 52.3% | 50.2% | 1.0pp | 3.1pp |
| Net Margin | 6.4% | 3.6% | 5.7% | 2.8pp | 0.7pp |
| EPS (Diluted) | $0.24 | $0.13 | $0.19 | 84.6% | 26.3% |
| Free Cash Flow | $12M | $12M | $3M | 0.0% | 260.7% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $141M |
| R&D Expenses | $47M |
| Selling & Marketing | $52M |
| General & Administrative | $25M |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $248M |
| OPERATING INCOME | $16M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $4M |
| EBIT | $16M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $141M |
| R&D Expenses | $47M |
| Selling & Marketing | $52M |
| General & Administrative | $25M |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $248M |
| OPERATING INCOME | $16M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $4M |
| EBIT | $16M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$61M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $89M |
| Other Investing Activities | $61M |
| NET CASH FROM INVESTING | $57M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $114M |
| Net Receivables | $81M |
| Inventory | $150M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $588M |
| PP&E (Net) | $39M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $163M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $339M |
| TOTAL ASSETS | $927M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $176M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$354M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $751M |
| Minority Interest | $0 |
| TOTAL EQUITY | $751M |
| TOTAL LIABILITIES & EQUITY | $927M |
| Total Debt | $12M |
| Net Debt | -$123M |
