| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $211M | $107M | — | 97.1% | — |
| Op. Income | $54M | $22M | — | 142.0% | — |
| Gross Margin | 43.5% | 39.8% | — | 3.7pp | — |
| Net Margin | 20.7% | 17.6% | — | 3.1pp | — |
| EPS (Diluted) | $0.24 | $0.10 | — | 132.9% | — |
| Free Cash Flow | $111M | $40M | — | 176.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $17M |
| SG&A Expenses | $25M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $54M |
| Interest Income | $528.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $278.8K |
| EBIT | $54M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $17M |
| SG&A Expenses | $25M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $54M |
| Interest Income | $528.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $278.8K |
| EBIT | $54M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $278.8K |
| Stock-Based Compensation | $999.3K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $330.4K |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | -$884.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | $106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $20M |
| Net Receivables | $9M |
| Inventory | $10M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $264M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $10.2K |
| Tax Assets | $10M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $291M |
| Account Payables | $59M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $111M |
| TOTAL LIABILITIES | $272M |
| Common Stock | $11.1K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $458.1K |
| Other Equity | -$91M |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $131.5K |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $291M |
| Total Debt | $11M |
| Net Debt | -$176M |
