| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $138M | $100M | -20.4% | 9.6% |
| Op. Income | $36M | $51M | $34M | -28.8% | 7.4% |
| Gross Margin | 75.2% | 59.1% | 49.9% | 16.1pp | 25.3pp |
| Net Margin | 31.1% | 33.5% | 26.7% | -2.4pp | 4.5pp |
| EPS (Diluted) | $2.45 | $3.32 | $1.92 | -26.2% | 27.8% |
| Free Cash Flow | $8M | $4M | $4M | 129.7% | 112.0% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $41M |
| SG&A Expenses | $59M |
| Other Expenses | -$13M |
| Operating Expenses | $46M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $36M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $0 |
| EBIT | $36M |
| EBITDA | $36M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $41M |
| SG&A Expenses | $59M |
| Other Expenses | -$13M |
| Operating Expenses | $46M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $36M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $0 |
| EBIT | $36M |
| EBITDA | $36M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | -$169.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $725M |
| Short-Term Investments | $60M |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $156M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $388M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $363M |
| Tax Assets | $64M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $840M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $65M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $184M |
| TOTAL CURRENT LIABILITIES | $288M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $340M |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$14M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $11M |
| Net Debt | -$713M |
