| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $128M | — | -2.0% | — |
| Op. Income | $15M | $19M | — | -22.4% | — |
| Gross Margin | 19.8% | 21.6% | — | -1.8pp | — |
| Net Margin | 7.4% | 17.9% | — | -10.5pp | — |
| EPS (Diluted) | $0.19 | $0.48 | — | -60.4% | — |
| Free Cash Flow | -$4M | $6M | — | -157.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | -$336.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $1M |
| Operating Expenses | $10M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | -$336.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $1M |
| Operating Expenses | $10M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$215.9K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $67.3K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.5K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$218.0K |
| Common Dividends Paid | -$469.7K |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $121M |
| Inventory | $75M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $229M |
| PP&E (Net) | $153M |
| Goodwill | $99M |
| Intangible Assets | $7M |
| Long-Term Investments | -$99M |
| Tax Assets | $72M |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $364M |
| TOTAL ASSETS | $592M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $178M |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $279M |
| TOTAL LIABILITIES | $363M |
| Common Stock | $467.0K |
| Additional Paid-In Capital | $109M |
| Retained Earnings | $119M |
| Treasury Stock | -$62.0K |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $225M |
| Minority Interest | $5M |
| TOTAL EQUITY | $229M |
| TOTAL LIABILITIES & EQUITY | $592M |
| Total Debt | $229M |
| Net Debt | $212M |
