| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $52M | $45M | 4.4% | 19.0% |
| Op. Income | $13M | $10M | $14M | 33.6% | -11.4% |
| Gross Margin | 75.5% | 75.7% | 93.6% | -0.1pp | -18.0pp |
| Net Margin | 18.1% | 14.1% | 24.4% | 4.0pp | -6.3pp |
| EPS (Diluted) | $0.70 | $0.52 | $0.77 | 34.6% | -9.1% |
| Free Cash Flow | $22M | $8M | $16M | 166.1% | 42.9% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $8M |
| Operating Expenses | $28M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $13M |
| Interest Income | $48M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $387.0K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $8M |
| Operating Expenses | $28M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $13M |
| Interest Income | $48M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $387.0K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $387.0K |
| Stock-Based Compensation | -$94.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$190.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $486.0K |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $206M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $14M |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $139.0K |
| Additional Paid-In Capital | $55M |
| Retained Earnings | $206M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $243M |
| Minority Interest | $0 |
| TOTAL EQUITY | $243M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $34M |
| Net Debt | -$110M |
