| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $794.9K | $3M | — | -73.3% | — |
| Op. Income | $515.9K | $816.0K | — | -36.8% | — |
| Gross Margin | 77.6% | 35.9% | — | 41.7pp | — |
| Net Margin | 54.3% | 23.0% | — | 31.3pp | — |
| EPS (Diluted) | $1.08 | $1.52 | — | -28.9% | — |
| Free Cash Flow | $362.4K | $204.5K | — | 77.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $794.9K |
| Cost of Revenue | $178.0K |
| GROSS PROFIT | $616.9K |
| R&D Expenses | $36.0K |
| Selling & Marketing | $1.0K |
| General & Administrative | $81.4K |
| SG&A Expenses | $85.8K |
| Other Expenses | -$20.8K |
| Operating Expenses | $101.0K |
| Cost & Expenses | $279.0K |
| OPERATING INCOME | $515.9K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $31 |
| INCOME BEFORE TAX | $515.9K |
| Income Tax Expense | $84.0K |
| Net Income from Continuing Ops | $432.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $432.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $432.0K |
| D&A | $1.6K |
| EBIT | $496.8K |
| EBITDA | $498.4K |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $794.9K |
| Cost of Revenue | $178.0K |
| GROSS PROFIT | $616.9K |
| R&D Expenses | $36.0K |
| Selling & Marketing | $1.0K |
| General & Administrative | $81.4K |
| SG&A Expenses | $85.8K |
| Other Expenses | -$20.8K |
| Operating Expenses | $101.0K |
| Cost & Expenses | $279.0K |
| OPERATING INCOME | $515.9K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $31 |
| INCOME BEFORE TAX | $515.9K |
| Income Tax Expense | $84.0K |
| Net Income from Continuing Ops | $432.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $432.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $432.0K |
| D&A | $1.6K |
| EBIT | $496.8K |
| EBITDA | $498.4K |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $432.0K |
| Depreciation & Amortization | $1.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $144.0K |
| Change in Working Capital | -$215.3K |
| OPERATING CASH FLOW | $362.4K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$378.1K |
| NET CASH FROM FINANCING | -$378.1K |
| FREE CASH FLOW | $362.4K |
| Net Change in Cash | -$114.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51.8K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $65.3K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $11.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $4M |
| Account Payables | $206.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $219.9K |
| TOTAL CURRENT LIABILITIES | $721.8K |
| Long-Term Debt | $402.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $402.2K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$167.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $402.2K |
| Net Debt | $350.4K |
