| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $134M | $112M | 7.6% | 28.3% |
| Op. Income | $18M | $15M | $14M | 24.5% | 26.7% |
| Gross Margin | 81.6% | 80.4% | 82.8% | 1.2pp | -1.2pp |
| Net Margin | 9.3% | 9.6% | 9.2% | -0.3pp | 0.1pp |
| EPS (Diluted) | $0.08 | $0.07 | $0.06 | 3.1% | 26.8% |
| Free Cash Flow | $31M | $7M | $18M | 331.0% | 74.5% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $118M |
| R&D Expenses | $32M |
| Selling & Marketing | $33M |
| General & Administrative | $23M |
| SG&A Expenses | $56M |
| Other Expenses | $11M |
| Operating Expenses | $99M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $18M |
| Interest Income | $3M |
| Interest Expense | $288.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $11M |
| EBIT | $20M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $118M |
| R&D Expenses | $32M |
| Selling & Marketing | $33M |
| General & Administrative | $23M |
| SG&A Expenses | $56M |
| Other Expenses | $11M |
| Operating Expenses | $99M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $18M |
| Interest Income | $3M |
| Interest Expense | $288.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $11M |
| EBIT | $20M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$67M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | -$577.0K |
| Common Stock Repurchased | -$945.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $531.0K |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $259M |
| Short-Term Investments | $0 |
| Net Receivables | $191M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $469M |
| PP&E (Net) | $88M |
| Goodwill | $431M |
| Intangible Assets | $177M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $706M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $89M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $170.0K |
| Additional Paid-In Capital | $858M |
| Retained Earnings | $166M |
| Treasury Stock | -$397.0K |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $88M |
| Net Debt | -$171M |
