| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $130M | $114M | 4.0% | 18.5% |
| Op. Income | $21M | $17M | $20M | 20.9% | 4.6% |
| Gross Margin | 66.4% | 65.8% | 66.3% | 0.6pp | 0.2pp |
| Net Margin | 12.4% | 11.3% | 13.9% | 1.2pp | -1.4pp |
| EPS (Diluted) | $0.45 | $0.39 | $0.43 | 15.4% | 4.7% |
| Free Cash Flow | $38M | $30M | $34M | 29.2% | 12.2% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $90M |
| R&D Expenses | $14M |
| Selling & Marketing | $30M |
| General & Administrative | $22M |
| SG&A Expenses | $52M |
| Other Expenses | $4M |
| Operating Expenses | $70M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $21M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $8M |
| EBIT | $21M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $90M |
| R&D Expenses | $14M |
| Selling & Marketing | $30M |
| General & Administrative | $22M |
| SG&A Expenses | $52M |
| Other Expenses | $4M |
| Operating Expenses | $70M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $21M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $8M |
| EBIT | $21M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$70M |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $61M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $360M |
| PP&E (Net) | $45M |
| Goodwill | $252M |
| Intangible Assets | $104M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $428M |
| TOTAL ASSETS | $787M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $72M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $161M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $520M |
| Retained Earnings | $240M |
| Treasury Stock | -$129M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $627M |
| Minority Interest | $0 |
| TOTAL EQUITY | $627M |
| TOTAL LIABILITIES & EQUITY | $787M |
| Total Debt | $15M |
| Net Debt | -$164M |
