| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $66M | $71M | -6.1% | -12.6% |
| Op. Income | -$10M | -$9M | -$3M | -20.0% | -200.4% |
| Gross Margin | 79.2% | 80.6% | 81.4% | -1.4pp | -2.2pp |
| Net Margin | -11.1% | -8.9% | -4.2% | -2.3pp | -6.9pp |
| EPS (Diluted) | $-0.16 | $-0.13 | $-0.07 | -23.1% | -141.0% |
| Free Cash Flow | -$11M | $3M | -$1M | -433.6% | -956.4% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $49M |
| R&D Expenses | $21M |
| Selling & Marketing | $31M |
| General & Administrative | $8M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $72M |
| OPERATING INCOME | -$10M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $433.0K |
| 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 | $3M |
| EBIT | -$10M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $161.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $29.0K |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $289M |
| Net Receivables | $12M |
| Inventory | $13M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $358M |
| PP&E (Net) | $39M |
| Goodwill | $68M |
| Intangible Assets | $17M |
| Long-Term Investments | $50M |
| Tax Assets | $2M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $216M |
| TOTAL ASSETS | $574M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $106M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $150M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $63M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $99M |
| TOTAL LIABILITIES | $249M |
| Common Stock | $733.0K |
| Additional Paid-In Capital | $521M |
| Retained Earnings | $126M |
| Treasury Stock | -$357M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $286M |
| Minority Interest | $39M |
| TOTAL EQUITY | $325M |
| TOTAL LIABILITIES & EQUITY | $574M |
| Total Debt | $20M |
| Net Debt | -$12M |
