| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $78M | $71M | 2.6% | 13.9% |
| Op. Income | $26M | $27M | $31M | -3.1% | -15.3% |
| Gross Margin | 76.4% | 79.8% | 92.7% | -3.4pp | -16.3pp |
| Net Margin | 26.7% | 28.2% | 34.8% | -1.5pp | -8.2pp |
| EPS (Diluted) | $0.73 | $0.75 | $0.83 | -2.7% | -12.0% |
| Free Cash Flow | $23M | $19M | $31M | 21.6% | -24.8% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $13M |
| Operating Expenses | $35M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $26M |
| Interest Income | $66M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $26M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $13M |
| Operating Expenses | $35M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $26M |
| Interest Income | $66M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $26M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $497.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | -$62M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $59M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$44M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $1.5B |
| Net Receivables | $147M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $111M |
| Goodwill | $180M |
| Intangible Assets | $7M |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $286M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $286M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $30M |
| Additional Paid-In Capital | $389M |
| Retained Earnings | $447M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$328M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $538M |
| Minority Interest | $0 |
| TOTAL EQUITY | $538M |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $286M |
| Net Debt | $214M |
