| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $86M | $79M | 1.3% | 10.9% |
| Op. Income | $7M | $6M | $5M | 18.1% | 27.4% |
| Gross Margin | 34.7% | 35.2% | 35.3% | -0.5pp | -0.6pp |
| Net Margin | 3.9% | 2.4% | -1.1% | 1.4pp | 5.0pp |
| EPS (Diluted) | $0.04 | $0.02 | $-0.01 | 60.8% | 486.3% |
| Free Cash Flow | $11M | $851.0K | $4M | 1175.7% | 164.1% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $283.0K |
| Operating Expenses | $24M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $283.0K |
| Operating Expenses | $24M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $31.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$446.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $70M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $224M |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $77M |
| TOTAL ASSETS | $301M |
| Account Payables | $66M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $135M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $435M |
| Retained Earnings | -$274M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $301M |
| Total Debt | $52M |
| Net Debt | $18M |
