| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $119M | $62M | -18.2% | 55.8% |
| Op. Income | $13M | $17M | $14M | -22.2% | -7.2% |
| Gross Margin | 45.0% | 38.0% | 60.8% | 7.0pp | -15.8pp |
| Net Margin | 10.6% | 10.9% | 17.8% | -0.3pp | -7.2pp |
| EPS (Diluted) | $0.75 | $0.95 | $0.82 | -21.1% | -8.5% |
| Free Cash Flow | $63M | $33M | $21M | 90.0% | 200.5% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $19M |
| SG&A Expenses | $21M |
| Other Expenses | $10M |
| Operating Expenses | $31M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $13M |
| Interest Income | $88M |
| Interest Expense | $26M |
| 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 | $607.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $19M |
| SG&A Expenses | $21M |
| Other Expenses | $10M |
| Operating Expenses | $31M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $13M |
| Interest Income | $88M |
| Interest Expense | $26M |
| 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 | $607.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $607.0K |
| Stock-Based Compensation | $917.0K |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $87.0K |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $127M |
| NET CASH FROM FINANCING | $127M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $200M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $475M |
| Short-Term Investments | $99M |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $608M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.0B |
| Tax Assets | $4M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $129M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $156M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $284M |
| Minority Interest | $0 |
| TOTAL EQUITY | $284M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $54M |
| Net Debt | -$421M |
