| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $2M | 4.9% | -32.0% |
| Op. Income | $388.0K | $263.0K | $691.0K | 47.5% | -43.8% |
| Gross Margin | 58.7% | 56.8% | 53.3% | 2.0pp | 5.4pp |
| Net Margin | 26.3% | 35.6% | 21.0% | -9.3pp | 5.3pp |
| EPS (Diluted) | $0.07 | $0.09 | $0.08 | -22.6% | -15.2% |
| Free Cash Flow | $698.0K | $181.0K | $587.0K | 285.6% | 18.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $645.0K |
| GROSS PROFIT | $918.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $530.0K |
| Other Expenses | $0 |
| Operating Expenses | $530.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $388.0K |
| Interest Income | $72.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $85.0K |
| INCOME BEFORE TAX | $473.0K |
| Income Tax Expense | $62.0K |
| Net Income from Continuing Ops | $411.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $411.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $411.0K |
| D&A | $33.0K |
| EBIT | $473.0K |
| EBITDA | $506.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $645.0K |
| GROSS PROFIT | $918.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $530.0K |
| Other Expenses | $0 |
| Operating Expenses | $530.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $388.0K |
| Interest Income | $72.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $85.0K |
| INCOME BEFORE TAX | $473.0K |
| Income Tax Expense | $62.0K |
| Net Income from Continuing Ops | $411.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $411.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $411.0K |
| D&A | $33.0K |
| EBIT | $473.0K |
| EBITDA | $506.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $411.0K |
| Depreciation & Amortization | $33.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.0K |
| Change in Working Capital | $460.0K |
| OPERATING CASH FLOW | $902.0K |
| Capital Expenditure | -$204.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$204.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$301.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$245.0K |
| FREE CASH FLOW | $698.0K |
| Net Change in Cash | $458.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $4M |
| Net Receivables | $1M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $186.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $18M |
| Account Payables | $232.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$55.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $0 |
| Net Debt | -$5M |
