| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $89M | $83M | 3.5% | 12.1% |
| Op. Income | -$2M | -$4M | -$12M | 41.5% | 81.2% |
| Gross Margin | 83.7% | 82.5% | 81.1% | 1.2pp | 2.6pp |
| Net Margin | 3.3% | 0.3% | -13.8% | 3.0pp | 17.0pp |
| EPS (Diluted) | $0.07 | $0.01 | $-0.31 | 1118.3% | 123.6% |
| Free Cash Flow | $23M | $18M | $5M | 29.5% | 349.0% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $77M |
| R&D Expenses | $23M |
| Selling & Marketing | $41M |
| General & Administrative | $16M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $95M |
| OPERATING INCOME | -$2M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $308.0K |
| 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 | $1M |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $168.0K |
| Other Non-Cash Items | $635.0K |
| Change in Working Capital | $693.0K |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$267.0K |
| Acquisitions (Net) | -$44.0K |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20.6K |
| NET CASH FROM FINANCING | $198.0K |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $269M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $162M |
| TOTAL CURRENT ASSETS | $586M |
| PP&E (Net) | $13M |
| Goodwill | $77M |
| Intangible Assets | $12M |
| Long-Term Investments | $312M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $414M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $149M |
| TOTAL CURRENT LIABILITIES | $216M |
| Long-Term Debt | $455M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $462M |
| TOTAL LIABILITIES | $678M |
| Common Stock | $622M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$289M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $323M |
| Minority Interest | $0 |
| TOTAL EQUITY | $323M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $462M |
| Net Debt | $332M |
