| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $58M | $78M | 5.3% | -21.3% |
| Op. Income | $9M | $10M | $10M | -12.6% | -14.7% |
| Gross Margin | 58.2% | 63.0% | 54.6% | -4.7pp | 3.7pp |
| Net Margin | 11.5% | 13.0% | 10.1% | -1.5pp | 1.4pp |
| EPS (Diluted) | $3.75 | $4.00 | $4.17 | -6.3% | -10.1% |
| Free Cash Flow | -$902.0K | $3M | $10M | -130.6% | -108.6% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $8M |
| Operating Expenses | $27M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $9M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $8M |
| Operating Expenses | $27M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $9M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $117.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $81.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $702.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $56.0K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$870.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$870.0K |
| FREE CASH FLOW | -$902.0K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $169M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | -$232M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $29M |
| Goodwill | $10M |
| Intangible Assets | $7M |
| Long-Term Investments | $200M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$246M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $332M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$32M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | -$10M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $79M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $253M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$755.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $253M |
| Minority Interest | $0 |
| TOTAL EQUITY | $253M |
| TOTAL LIABILITIES & EQUITY | $332M |
| Total Debt | $7M |
| Net Debt | -$24M |
