| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $207M | $159M | 0.6% | 30.9% |
| Op. Income | $29M | $33M | -$5M | -11.7% | 678.1% |
| Gross Margin | 85.4% | 86.2% | 82.4% | -0.8pp | 3.0pp |
| Net Margin | 6.2% | 22.0% | -16.6% | -15.9pp | 22.8pp |
| EPS (Diluted) | $0.03 | $0.12 | $-0.08 | -72.0% | 142.0% |
| Free Cash Flow | $27M | $50M | $11M | -45.8% | 146.8% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $178M |
| R&D Expenses | $27M |
| Selling & Marketing | $49M |
| General & Administrative | $25M |
| SG&A Expenses | $74M |
| Other Expenses | $47M |
| Operating Expenses | $148M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $29M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $178M |
| R&D Expenses | $27M |
| Selling & Marketing | $49M |
| General & Administrative | $25M |
| SG&A Expenses | $74M |
| Other Expenses | $47M |
| Operating Expenses | $148M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $29M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$836.0K |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $18M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$172M |
| NET CASH FROM FINANCING | -$177M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $591M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $5.4B |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $26M |
| Goodwill | $20M |
| Intangible Assets | $71M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $156M |
| TOTAL ASSETS | $6.2B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5.4B |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $711M |
| Retained Earnings | -$42M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | -$176.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $638M |
| Minority Interest | $0 |
| TOTAL EQUITY | $638M |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $28M |
| Net Debt | -$563M |
