| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $39M | $39M | -2.9% | -2.8% |
| Op. Income | $2M | -$29.0K | $1M | 7827.6% | 84.0% |
| Gross Margin | 86.7% | 87.1% | 88.2% | -0.4pp | -1.4pp |
| Net Margin | 2.7% | -0.3% | -2.4% | 3.0pp | 5.1pp |
| EPS (Diluted) | $0.02 | $-0.00 | $-0.02 | 886.2% | 208.6% |
| Free Cash Flow | -$120.0K | $4M | $4M | -103.3% | -102.7% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $4M |
| Selling & Marketing | $14M |
| General & Administrative | $7M |
| SG&A Expenses | $21M |
| Other Expenses | $5M |
| Operating Expenses | $30M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $939.0K |
| Other Income/Expenses | -$472.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $759.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $4M |
| EBIT | $3M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $4M |
| Selling & Marketing | $14M |
| General & Administrative | $7M |
| SG&A Expenses | $21M |
| Other Expenses | $5M |
| Operating Expenses | $30M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $939.0K |
| Other Income/Expenses | -$472.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $759.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $4M |
| EBIT | $3M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$430.0K |
| Change in Working Capital | -$323.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$826.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$821.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$120.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $28M |
| Goodwill | $128M |
| Intangible Assets | $24M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $193M |
| TOTAL ASSETS | $220M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $48M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $513.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $117M |
| Common Stock | $787.0K |
| Additional Paid-In Capital | $259M |
| Retained Earnings | $30M |
| Treasury Stock | -$187M |
| Accum. Other Comp. Income | -$70.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $0 |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $220M |
| Total Debt | $48M |
| Net Debt | $44M |
