| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $138M | $107M | -4.8% | 22.7% |
| Op. Income | $2M | -$213M | $40M | 100.7% | -96.0% |
| Gross Margin | 31.2% | 29.7% | 80.4% | 1.4pp | -49.2pp |
| Net Margin | 1.7% | -153.4% | 27.0% | 155.0pp | -25.4pp |
| EPS (Diluted) | $0.04 | $-3.76 | $0.51 | 101.1% | -92.2% |
| Free Cash Flow | $12M | $16M | $29M | -26.0% | -58.6% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $20M |
| Operating Expenses | $40M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $2M |
| Interest Income | $145M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$600.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $20M |
| Operating Expenses | $40M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $2M |
| Interest Income | $145M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$600.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $579.0K |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$618M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $296M |
| NET CASH FROM INVESTING | -$310M |
| Net Debt Issuance | $182M |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $186M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $819M |
| Short-Term Investments | $822M |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $11.1B |
| Tax Assets | $33M |
| Other Non-Current Assets | $228M |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $13.1B |
| Account Payables | $162M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.8B |
| TOTAL CURRENT LIABILITIES | $11.0B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $12.1B |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $720M |
| Retained Earnings | $217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $919M |
| Minority Interest | $0 |
| TOTAL EQUITY | $919M |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $1.2B |
| Net Debt | $339M |
