| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $68M | $60M | -5.4% | 5.9% |
| Op. Income | $13M | $5M | $3M | 133.9% | 273.1% |
| Gross Margin | 40.4% | 37.8% | 38.2% | 2.6pp | 2.2pp |
| Net Margin | 15.9% | 6.4% | 3.5% | 9.5pp | 12.4pp |
| EPS (Diluted) | $0.18 | $0.08 | $0.04 | 135.6% | 381.3% |
| Free Cash Flow | $12M | -$2M | $1.0K | 872.8% | 1166900.0% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $26M |
| R&D Expenses | $11M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | -$7M |
| Operating Expenses | $13M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $352.0K |
| Other Income/Expenses | -$352.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $26M |
| R&D Expenses | $11M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | -$7M |
| Operating Expenses | $13M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $352.0K |
| Other Income/Expenses | -$352.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $722.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $68.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $38M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $226M |
| PP&E (Net) | $77M |
| Goodwill | $43M |
| Intangible Assets | $165.0K |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $159M |
| TOTAL ASSETS | $385M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $33M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $110M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $119M |
| Common Stock | $3M |
| Additional Paid-In Capital | $934M |
| Retained Earnings | -$664M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $266M |
| Minority Interest | $0 |
| TOTAL EQUITY | $266M |
| TOTAL LIABILITIES & EQUITY | $385M |
| Total Debt | $4M |
| Net Debt | -$96M |
