| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | 4.3% | 0.9% |
| Op. Income | $538.0K | $301.0K | $395.0K | 78.7% | 36.2% |
| Gross Margin | 91.6% | 92.0% | 91.4% | -0.4pp | 0.2pp |
| Net Margin | 15.1% | 7.9% | 10.4% | 7.2pp | 4.7pp |
| EPS (Diluted) | $0.19 | $0.10 | $0.13 | 90.0% | 46.2% |
| Free Cash Flow | $124.0K | $389.0K | $370.0K | -68.1% | -66.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $306.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $26.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $538.0K |
| Interest Income | $3M |
| Interest Expense | $398.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $538.0K |
| Income Tax Expense | -$13.0K |
| Net Income from Continuing Ops | $551.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $551.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $551.0K |
| D&A | -$96.0K |
| EBIT | $538.0K |
| EBITDA | $442.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $306.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $26.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $538.0K |
| Interest Income | $3M |
| Interest Expense | $398.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $538.0K |
| Income Tax Expense | -$13.0K |
| Net Income from Continuing Ops | $551.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $551.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $551.0K |
| D&A | -$96.0K |
| EBIT | $538.0K |
| EBITDA | $442.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $552.0K |
| Depreciation & Amortization | -$96.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$186.0K |
| Change in Working Capital | -$293.0K |
| OPERATING CASH FLOW | -$23.0K |
| Capital Expenditure | $147.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$288.0K |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $124.0K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $143M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $159M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $173M |
| Tax Assets | $10M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $196M |
| TOTAL ASSETS | $355M |
| Account Payables | $0 |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $315M |
| TOTAL CURRENT LIABILITIES | $342M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $322.0K |
| TOTAL NON-CURRENT LIABILITIES | $322.0K |
| TOTAL LIABILITIES | $342M |
| Common Stock | $3M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $355M |
| Total Debt | $25M |
| Net Debt | $10M |
