| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $81M | — | -17.0% | — |
| Op. Income | $24M | $18M | — | 31.5% | — |
| Gross Margin | 84.7% | 70.4% | — | 14.3pp | — |
| Net Margin | 122.0% | 1.6% | — | 120.4pp | — |
| EPS (Diluted) | $0.98 | $0.02 | — | 4800.0% | — |
| Free Cash Flow | $44M | $38M | — | 14.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $57M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $29M |
| Operating Expenses | $33M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $24M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | $62M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $7M |
| EBIT | $18M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $57M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $29M |
| Operating Expenses | $33M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $24M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | $62M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $7M |
| EBIT | $18M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$227.0K |
| Acquisitions (Net) | $30M |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $41M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $305M |
| PP&E (Net) | $3M |
| Goodwill | $18M |
| Intangible Assets | $237M |
| Long-Term Investments | $530M |
| Tax Assets | $5M |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $883M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $446M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $524M |
| TOTAL LIABILITIES | $561M |
| Common Stock | $644.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$87M |
| Treasury Stock | -$394M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $627M |
| Minority Interest | $0 |
| TOTAL EQUITY | $627M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $449M |
| Net Debt | $269M |
