| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $74M | $82M | 9.1% | -1.9% |
| Op. Income | $19M | $15M | $21M | 27.7% | -7.6% |
| Gross Margin | 48.5% | 47.4% | 48.6% | 1.1pp | -0.1pp |
| Net Margin | 27.4% | 25.1% | 25.3% | 2.3pp | 2.1pp |
| EPS (Diluted) | $0.45 | $0.38 | $0.43 | 18.4% | 4.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $39M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $19M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $39M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $19M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $222M |
| Net Receivables | $91M |
| Inventory | $65M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $562M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $652.0K |
| Long-Term Investments | $73M |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $176M |
| TOTAL ASSETS | $738M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $197M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $207M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $175.0K |
| Additional Paid-In Capital | $197M |
| Retained Earnings | $257M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $452M |
| Minority Interest | $0 |
| TOTAL EQUITY | $452M |
| TOTAL LIABILITIES & EQUITY | $738M |
| Total Debt | $197M |
| Net Debt | $29M |
