| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $58M | — | 3.7% | — |
| Op. Income | $170.0K | $1M | — | -87.0% | — |
| Gross Margin | 72.4% | 74.3% | — | -1.9pp | — |
| Net Margin | -1.7% | -1.3% | — | -0.4pp | — |
| EPS (Diluted) | $-0.03 | $-0.02 | — | -33.5% | — |
| Free Cash Flow | $12M | $6M | — | 96.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $23M |
| Other Expenses | $21M |
| Operating Expenses | $43M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $170.0K |
| Interest Income | $152.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$323.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $16M |
| EBIT | $612.0K |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$323.0K |
| Other Non-Cash Items | -$17.0K |
| Change in Working Capital | $139.0K |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $820.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $58.0K |
| NET CASH FROM INVESTING | $856.0K |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $7.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $19M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $67M |
| PP&E (Net) | $51M |
| Goodwill | $51M |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $274.0K |
| TOTAL NON-CURRENT ASSETS | $175M |
| TOTAL ASSETS | $242M |
| Account Payables | $24M |
| Short-Term Debt | $17M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $62M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $247M |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$162M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $242M |
| Total Debt | $97M |
| Net Debt | $76M |
