| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $23M | $30M | 5.0% | -19.9% |
| Op. Income | -$3M | -$5M | -$2M | 49.1% | -15.2% |
| Gross Margin | 90.2% | 84.6% | 81.2% | 5.6pp | 9.0pp |
| Net Margin | -20.6% | -25.4% | -74.2% | 4.8pp | 53.6pp |
| EPS (Diluted) | $-0.21 | $-0.25 | $-0.96 | 16.0% | 78.1% |
| Free Cash Flow | -$2M | -$6M | $996.0K | 63.3% | -318.2% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $22M |
| R&D Expenses | $18M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $149.0K |
| Operating Expenses | $24M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$3M |
| Interest Income | $924.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $1M |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$892.0K |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $115M |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $171M |
| PP&E (Net) | $15M |
| Goodwill | $58M |
| Intangible Assets | $3M |
| Long-Term Investments | $332.0K |
| Tax Assets | $10M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $125M |
| TOTAL ASSETS | $296M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $655.0K |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $249M |
| Retained Earnings | $16M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $257M |
| Minority Interest | $0 |
| TOTAL EQUITY | $257M |
| TOTAL LIABILITIES & EQUITY | $296M |
| Total Debt | $7M |
| Net Debt | -$10M |
