| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | $137M | $126M | 3.5% | 13.1% |
| Op. Income | $44M | $43M | $33M | 1.8% | 30.7% |
| Gross Margin | 81.2% | 80.6% | 79.3% | 0.6pp | 1.9pp |
| Net Margin | 32.8% | 25.8% | 22.0% | 7.0pp | 10.7pp |
| EPS (Diluted) | $1.24 | $0.95 | $0.71 | 30.5% | 74.6% |
| Free Cash Flow | $91M | $50M | $41M | 80.9% | 122.1% |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $115M |
| R&D Expenses | $28M |
| Selling & Marketing | $28M |
| General & Administrative | $16M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $44M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $7M |
| EBIT | $44M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $115M |
| R&D Expenses | $28M |
| Selling & Marketing | $28M |
| General & Administrative | $16M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $44M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $7M |
| EBIT | $44M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$93M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $219M |
| Net Receivables | $103M |
| Inventory | $0 |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $562M |
| PP&E (Net) | $61M |
| Goodwill | $7M |
| Intangible Assets | $10M |
| Long-Term Investments | $34M |
| Tax Assets | $57M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $190M |
| TOTAL ASSETS | $752M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $307M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $370M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $429M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $568M |
| Retained Earnings | -$244M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$867.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $323M |
| Minority Interest | $0 |
| TOTAL EQUITY | $323M |
| TOTAL LIABILITIES & EQUITY | $752M |
| Total Debt | $32M |
| Net Debt | -$177M |
