| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $30M | $22M | 7.3% | 51.1% |
| Op. Income | $5M | $4M | $8M | 6.3% | -37.8% |
| Gross Margin | 45.9% | 49.2% | 75.7% | -3.3pp | -29.8pp |
| Net Margin | 10.8% | 10.2% | 27.0% | 0.6pp | -16.2pp |
| EPS (Diluted) | $0.46 | $0.42 | $0.79 | 9.5% | -41.8% |
| Free Cash Flow | $590.0K | $7M | $8M | -91.6% | -92.3% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $10M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $5M |
| Interest Income | $29M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $10M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $5M |
| Interest Income | $29M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $237.0K |
| Deferred Income Tax | $366.0K |
| Other Non-Cash Items | -$770.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $906.0K |
| Capital Expenditure | -$316.0K |
| Acquisitions (Net) | -$62M |
| Purchases of Investments | $10M |
| Sales/Maturities of Investments | $83.0K |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$114M |
| Common Stock Repurchased | -$12.0K |
| Common Dividends Paid | -$733.0K |
| Other Financing Activities | $142M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $590.0K |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $11M |
| Net Receivables | $11M |
| Inventory | -$217M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $204M |
| PP&E (Net) | $26M |
| Goodwill | $19M |
| Intangible Assets | $5M |
| Long-Term Investments | $15M |
| Tax Assets | $2M |
| Other Non-Current Assets | -$2M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$68M |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $215M |
| Deferred Revenue NC | $203M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $215M |
| TOTAL LIABILITIES | $215M |
| Common Stock | $72.0K |
| Additional Paid-In Capital | $126M |
| Retained Earnings | $59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $186M |
| Minority Interest | $0 |
| TOTAL EQUITY | $186M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $215M |
| Net Debt | $23M |
