| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $25M | $22M | 7.2% | 21.8% |
| Op. Income | $5M | $8M | $10M | -37.0% | -49.2% |
| Gross Margin | 61.4% | 76.6% | 92.4% | -15.2pp | -31.1pp |
| Net Margin | 15.4% | 26.0% | 36.8% | -10.6pp | -21.5pp |
| EPS (Diluted) | $0.51 | $0.81 | $0.99 | -37.0% | -48.5% |
| Free Cash Flow | $7M | $6M | $8M | 12.0% | -18.5% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $5M |
| Operating Expenses | $11M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $5M |
| Interest Income | $25M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $357.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $5M |
| Operating Expenses | $11M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $5M |
| Interest Income | $25M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $357.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $357.0K |
| Stock-Based Compensation | $198.0K |
| Deferred Income Tax | $544.0K |
| Other Non-Cash Items | $644.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$228.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $380M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $442M |
| PP&E (Net) | $17M |
| Goodwill | $29M |
| Intangible Assets | $240.0K |
| Long-Term Investments | $1.6B |
| Tax Assets | $26M |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $9M |
| Short-Term Debt | $104M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $137M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $829.0K |
| Additional Paid-In Capital | $97M |
| Retained Earnings | $137M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $165M |
| Minority Interest | $0 |
| TOTAL EQUITY | $165M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $241M |
| Net Debt | $187M |
