| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $111M | $104M | 1.0% | 8.4% |
| Op. Income | $12M | $12M | $10M | 2.5% | 25.1% |
| Gross Margin | 56.9% | 56.6% | 55.5% | 0.3pp | 1.4pp |
| Net Margin | 6.0% | 5.3% | 4.0% | 0.7pp | 2.0pp |
| EPS (Diluted) | $0.18 | $0.16 | $0.12 | 12.5% | 50.0% |
| Free Cash Flow | $17M | $5M | $17M | 241.8% | 1.8% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $64M |
| R&D Expenses | $15M |
| Selling & Marketing | $21M |
| General & Administrative | $15M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$839.0K |
| 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 | $7M |
| D&A | $8M |
| EBIT | $12M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $64M |
| R&D Expenses | $15M |
| Selling & Marketing | $21M |
| General & Administrative | $15M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$839.0K |
| 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 | $7M |
| D&A | $8M |
| EBIT | $12M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$987.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$987.0K |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$196.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $84M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $167M |
| PP&E (Net) | $43M |
| Goodwill | $342M |
| Intangible Assets | $283M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $673M |
| TOTAL ASSETS | $840M |
| Account Payables | $22M |
| Short-Term Debt | $19M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $219M |
| TOTAL LIABILITIES | $308M |
| Common Stock | $424.0K |
| Additional Paid-In Capital | $399M |
| Retained Earnings | $218M |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $532M |
| Minority Interest | $0 |
| TOTAL EQUITY | $532M |
| TOTAL LIABILITIES & EQUITY | $840M |
| Total Debt | $228M |
| Net Debt | $199M |
