| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $54M | $51M | -20.6% | -16.9% |
| Op. Income | $3M | $1M | -$2M | 121.9% | 242.5% |
| Gross Margin | 35.3% | 33.8% | 29.3% | 1.4pp | 6.0pp |
| Net Margin | 6.9% | 3.8% | -3.0% | 3.1pp | 9.9pp |
| EPS (Diluted) | $1.17 | $0.58 | $-0.38 | 100.0% | 407.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $15M |
| R&D Expenses | $2M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $3M |
| Interest Income | $217.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $299.8K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$201.9K |
| 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 | $673.1K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $15M |
| R&D Expenses | $2M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $3M |
| Interest Income | $217.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $299.8K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$201.9K |
| 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 | $673.1K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | -$246.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$356.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $1M |
| Net Receivables | $39M |
| Inventory | -$14M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $25M |
| Goodwill | $67.4K |
| Intangible Assets | $8M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $135M |
| Account Payables | $10M |
| Short-Term Debt | $3M |
| Deferred Revenue | $575.0K |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $132M |
| Retained Earnings | -$70M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57M |
| Minority Interest | $296.2K |
| TOTAL EQUITY | $57M |
| TOTAL LIABILITIES & EQUITY | $135M |
| Total Debt | $25M |
| Net Debt | -$13M |
