| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $55M | $153M | -13.3% | -68.6% |
| Op. Income | -$6M | $8M | $68M | -176.5% | -108.4% |
| Gross Margin | 32.2% | 26.1% | 50.0% | 6.2pp | -17.7pp |
| Net Margin | 52.2% | 53.6% | 48.2% | -1.5pp | 4.0pp |
| EPS (Diluted) | $0.02 | $0.02 | $0.06 | -13.3% | -65.8% |
| Free Cash Flow | $10M | $6M | -$149M | 63.2% | 106.6% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $15M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $11M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$6M |
| Interest Income | $23M |
| Interest Expense | $0 |
| Other Income/Expenses | $31M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $78.0K |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $3M |
| EBIT | -$6M |
| EBITDA | -$3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $141M |
| NET CASH FROM INVESTING | $141M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $117M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $115M |
| Net Receivables | $5M |
| Inventory | $2M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $182M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $119.8K |
| Long-Term Investments | $145M |
| Tax Assets | $1M |
| Other Non-Current Assets | $121.1K |
| TOTAL NON-CURRENT ASSETS | $149M |
| TOTAL ASSETS | $332M |
| Account Payables | $5M |
| Short-Term Debt | $714.2K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $173.1K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $765.5K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $319M |
| TOTAL STOCKHOLDERS' EQUITY | $319M |
| Minority Interest | -$287.0K |
| TOTAL EQUITY | $319M |
| TOTAL LIABILITIES & EQUITY | $332M |
| Total Debt | $1M |
| Net Debt | -$50M |
