| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $117M | $117M | -7.5% | -7.1% |
| Op. Income | $8M | $10M | $2M | -17.4% | 352.5% |
| Gross Margin | 76.2% | 77.6% | 77.6% | -1.3pp | -1.4pp |
| Net Margin | 2.9% | 4.5% | 0.2% | -1.6pp | 2.7pp |
| EPS (Diluted) | $0.02 | $0.04 | $0.00 | -40.8% | 1381.2% |
| Free Cash Flow | $11M | $1M | -$5M | 837.8% | 317.3% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $83M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $444.0K |
| Other Income/Expenses | -$413.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $83M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $444.0K |
| Other Income/Expenses | -$413.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $828.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$828.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $28M |
| Other Current Assets | $636.0K |
| TOTAL CURRENT ASSETS | $226M |
| PP&E (Net) | $160M |
| Goodwill | $29M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $30M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $237M |
| TOTAL ASSETS | $463M |
| Account Payables | $27M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $62M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $104M |
| TOTAL LIABILITIES | $186M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $317M |
| Retained Earnings | -$40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $277M |
| Minority Interest | $0 |
| TOTAL EQUITY | $277M |
| TOTAL LIABILITIES & EQUITY | $463M |
| Total Debt | $125M |
| Net Debt | $27M |
