| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $22M | $19M | 8.6% | 27.7% |
| Op. Income | -$1M | -$2M | $4M | 37.0% | -136.4% |
| Gross Margin | 57.4% | 57.4% | 54.9% | -0.0pp | 2.5pp |
| Net Margin | -7.8% | -12.2% | 21.5% | 4.4pp | -29.3pp |
| EPS (Diluted) | $-0.15 | $-0.22 | $1.38 | 31.8% | -110.9% |
| Free Cash Flow | $8M | $797.0K | $6M | 928.4% | 36.4% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $14M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | $82.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $42.0K |
| Other Income/Expenses | -$93.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $299.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2M |
| EBIT | -$1M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $84.0K |
| Other Non-Cash Items | $106.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $202.0K |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $24M |
| Goodwill | $34M |
| Intangible Assets | $38M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $99M |
| TOTAL ASSETS | $133M |
| Account Payables | $3M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $65M |
| Common Stock | $64.0K |
| Additional Paid-In Capital | $167M |
| Retained Earnings | -$99M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$362.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $133M |
| Total Debt | $10M |
| Net Debt | $4M |
