| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $134M | $122M | 1.9% | 11.6% |
| Op. Income | -$5M | -$781.0K | -$566.0K | -575.5% | -832.2% |
| Gross Margin | 31.7% | 34.3% | 38.2% | -2.7pp | -6.6pp |
| Net Margin | -5.5% | -3.6% | -0.0% | -1.9pp | -5.5pp |
| EPS (Diluted) | $-0.27 | $-0.17 | $-0.00 | -58.8% | -29900.0% |
| Free Cash Flow | $12M | -$17M | -$7M | 169.0% | 272.9% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $43M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $5M |
| Operating Expenses | $48M |
| Cost & Expenses | $142M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $8M |
| EBIT | -$5M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$341.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$100.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $144M |
| Inventory | $107M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $291M |
| PP&E (Net) | $99M |
| Goodwill | $348M |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $699M |
| TOTAL ASSETS | $990M |
| Account Payables | $63M |
| Short-Term Debt | $4M |
| Deferred Revenue | $68M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $155M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $439M |
| Common Stock | $4M |
| Additional Paid-In Capital | $634M |
| Retained Earnings | $244M |
| Treasury Stock | -$442M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $551M |
| Minority Interest | $0 |
| TOTAL EQUITY | $551M |
| TOTAL LIABILITIES & EQUITY | $990M |
| Total Debt | $210M |
| Net Debt | $189M |
