| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $50M | $39M | -5.4% | 21.5% |
| Op. Income | $9M | $9M | $6M | -2.9% | 49.3% |
| Gross Margin | 65.0% | 64.0% | 64.2% | 1.0pp | 0.8pp |
| Net Margin | 15.8% | 16.2% | 14.0% | -0.3pp | 1.8pp |
| EPS (Diluted) | $0.33 | $0.36 | $0.25 | -8.3% | 32.0% |
| Free Cash Flow | $11M | $9M | $7M | 18.4% | 56.5% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $31M |
| R&D Expenses | $4M |
| Selling & Marketing | $10M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $9M |
| Interest Income | $835.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $646.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $31M |
| R&D Expenses | $4M |
| Selling & Marketing | $10M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $9M |
| Interest Income | $835.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $646.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $603.0K |
| Change in Working Capital | $10.0K |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$468.0K |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$5.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $79M |
| Net Receivables | $24M |
| Inventory | $51M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $182M |
| PP&E (Net) | $37M |
| Goodwill | $66M |
| Intangible Assets | $43M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $334M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $121.0K |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $69.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $239.0K |
| Additional Paid-In Capital | $198M |
| Retained Earnings | $110M |
| Treasury Stock | -$13M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $289M |
| Minority Interest | $0 |
| TOTAL EQUITY | $289M |
| TOTAL LIABILITIES & EQUITY | $334M |
| Total Debt | $17M |
| Net Debt | -$1M |
