| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $40M | $33M | 5.4% | 30.5% |
| Op. Income | $8M | $11M | $12M | -28.1% | -32.3% |
| Gross Margin | 59.2% | 69.1% | 85.6% | -9.9pp | -26.4pp |
| Net Margin | 15.9% | 23.4% | 30.6% | -7.5pp | -14.7pp |
| EPS (Diluted) | $0.95 | $1.31 | $1.38 | -27.5% | -31.2% |
| Free Cash Flow | $6M | $11M | $9M | -50.0% | -38.5% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $8M |
| Operating Expenses | $17M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $8M |
| Interest Income | $39M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $889.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $8M |
| Operating Expenses | $17M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $8M |
| Interest Income | $39M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $889.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $889.0K |
| Stock-Based Compensation | $259.0K |
| Deferred Income Tax | $376.0K |
| Other Non-Cash Items | -$16.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $136M |
| NET CASH FROM FINANCING | $136M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $118M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $382M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $452M |
| PP&E (Net) | $62M |
| Goodwill | $63M |
| Intangible Assets | $904.0K |
| Long-Term Investments | $3.0B |
| Tax Assets | $18M |
| Other Non-Current Assets | $263M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $5M |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $14M |
| Additional Paid-In Capital | $122M |
| Retained Earnings | $248M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $324M |
| Minority Interest | $0 |
| TOTAL EQUITY | $324M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $85M |
| Net Debt | $36M |
