| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $136M | $127M | 0.9% | 7.6% |
| Op. Income | $45M | $36M | $20M | 26.3% | 119.9% |
| Gross Margin | 58.7% | 54.5% | 46.3% | 4.3pp | 12.4pp |
| Net Margin | 15.1% | 9.6% | 0.4% | 5.5pp | 14.7pp |
| EPS (Diluted) | $0.53 | $0.34 | $0.01 | 55.9% | 3915.2% |
| Free Cash Flow | $74M | $100M | $43M | -25.8% | 73.4% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $45M |
| Interest Income | $5M |
| Interest Expense | $21M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $37M |
| EBIT | $50M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $45M |
| Interest Income | $5M |
| Interest Expense | $21M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $37M |
| EBIT | $50M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$65.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $421.0K |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $259M |
| Short-Term Investments | $46M |
| Net Receivables | $182M |
| Inventory | $34M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $537M |
| PP&E (Net) | $23M |
| Goodwill | $134M |
| Intangible Assets | $456M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $640M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $4M |
| Short-Term Debt | $183M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $465M |
| Long-Term Debt | $528M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $534M |
| TOTAL LIABILITIES | $999M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $546M |
| Retained Earnings | -$265M |
| Treasury Stock | -$102M |
| Accum. Other Comp. Income | -$52.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $179M |
| Minority Interest | $0 |
| TOTAL EQUITY | $179M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $718M |
| Net Debt | $460M |
