| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $23M | $19M | 3.3% | 20.2% |
| Op. Income | $5M | $6M | $7M | -3.6% | -24.9% |
| Gross Margin | 74.9% | 77.8% | 93.7% | -3.0pp | -18.8pp |
| Net Margin | 18.8% | 20.4% | 30.2% | -1.6pp | -11.4pp |
| EPS (Diluted) | $0.58 | $0.61 | $0.77 | -4.9% | -24.7% |
| Free Cash Flow | $3M | $7M | $4M | -59.1% | -34.0% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $5M |
| Interest Income | $20M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $937.0K |
| 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 | $4M |
| D&A | $488.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $5M |
| Interest Income | $20M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $937.0K |
| 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 | $4M |
| D&A | $488.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $488.0K |
| Stock-Based Compensation | $140.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $228.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$496.0K |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$854.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $75M |
| NET CASH FROM FINANCING | $77M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $517M |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $605M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $48M |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $17M |
| Short-Term Debt | $52M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $94M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $128M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $96M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $185M |
| Minority Interest | $0 |
| TOTAL EQUITY | $185M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $147M |
| Net Debt | $98M |
