| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $16M | $13M | 2.3% | 23.1% |
| Op. Income | $6M | $5M | $4M | 19.0% | 42.9% |
| Gross Margin | 77.8% | 75.5% | 78.6% | 2.2pp | -0.9pp |
| Net Margin | 30.7% | 25.9% | 25.6% | 4.8pp | 5.1pp |
| EPS (Diluted) | $0.40 | $0.33 | $0.27 | 21.2% | 48.1% |
| Free Cash Flow | $953.7K | $3M | $3M | -69.6% | -71.8% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $13M |
| R&D Expenses | $452.6K |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $503.2K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $189.9K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $13M |
| R&D Expenses | $452.6K |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $503.2K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $189.9K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $189.9K |
| Stock-Based Compensation | $533.7K |
| Deferred Income Tax | -$37.4K |
| Other Non-Cash Items | $27.2K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$439.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$130.9K |
| NET CASH FROM INVESTING | -$439.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31.4K |
| NET CASH FROM FINANCING | -$31.4K |
| FREE CASH FLOW | $953.7K |
| Net Change in Cash | $922.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $12M |
| Other Current Assets | $735.1K |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $177.7K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $87M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $360.3K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $1.3K |
| Additional Paid-In Capital | $28M |
| Retained Earnings | $47M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | $0 |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $87M |
| Total Debt | $2M |
| Net Debt | -$45M |
