| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $76M | $71M | 1.8% | 9.8% |
| Op. Income | $44M | $43M | $41M | 1.0% | 6.0% |
| Gross Margin | 91.9% | 92.5% | 96.0% | -0.6pp | -4.1pp |
| Net Margin | 53.4% | 54.0% | 53.1% | -0.5pp | 0.4pp |
| EPS (Diluted) | $1.45 | $1.44 | $1.32 | 0.7% | 9.8% |
| Free Cash Flow | $63M | $62M | $32M | 2.1% | 98.8% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $17M |
| Operating Expenses | $28M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $44M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | -$50.0K |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $46M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $17M |
| Operating Expenses | $28M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $44M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | -$50.0K |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $46M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $101.0K |
| Change in Working Capital | -$225.0K |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $42M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $301M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $304M |
| TOTAL LIABILITIES | $441M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$147M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $301M |
| Net Debt | $183M |
