| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $169M | — | -0.9% | — |
| Op. Income | $10M | $5M | — | 116.1% | — |
| Gross Margin | 64.6% | 62.2% | — | 2.4pp | — |
| Net Margin | 4.5% | 0.8% | — | 3.7pp | — |
| EPS (Diluted) | $0.04 | $0.01 | — | 430.6% | — |
| Free Cash Flow | $19M | $37M | — | -48.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $108M |
| R&D Expenses | $21M |
| Selling & Marketing | $51M |
| General & Administrative | $25M |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $10M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| 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 | $7M |
| EBIT | $12M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $108M |
| R&D Expenses | $21M |
| Selling & Marketing | $51M |
| General & Administrative | $25M |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $10M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| 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 | $7M |
| EBIT | $12M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $804.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $38.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$9.0K |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $267M |
| PP&E (Net) | $53M |
| Goodwill | $63M |
| Intangible Assets | $15M |
| Long-Term Investments | $1M |
| Tax Assets | $19M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $160M |
| TOTAL ASSETS | $427M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $177M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $267M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $560.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $279M |
| Common Stock | $187.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$941M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $147M |
| Minority Interest | $0 |
| TOTAL EQUITY | $147M |
| TOTAL LIABILITIES & EQUITY | $427M |
| Total Debt | $10M |
| Net Debt | -$203M |
