| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $85M | $83M | -2.3% | -0.1% |
| Op. Income | -$5M | -$2M | $5M | -173.5% | -205.5% |
| Gross Margin | 47.0% | 47.8% | 47.7% | -0.9pp | -0.8pp |
| Net Margin | -4.3% | -3.4% | 2.6% | -1.0pp | -6.9pp |
| EPS (Diluted) | $-0.24 | $-0.20 | $0.15 | -20.0% | -260.0% |
| Free Cash Flow | $3M | -$5M | $5M | 154.7% | -44.9% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $39M |
| R&D Expenses | $10M |
| Selling & Marketing | $7M |
| General & Administrative | $21M |
| SG&A Expenses | $28M |
| Other Expenses | $7M |
| Operating Expenses | $44M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | -$82.0K |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $9M |
| EBIT | -$5M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$260.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$43.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $941.0K |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $14M |
| Goodwill | $198M |
| Intangible Assets | $130M |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $351M |
| TOTAL ASSETS | $430M |
| Account Payables | $13M |
| Short-Term Debt | $3M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $139M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $147M |
| TOTAL LIABILITIES | $202M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $194M |
| Retained Earnings | $51M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $228M |
| Minority Interest | $0 |
| TOTAL EQUITY | $228M |
| TOTAL LIABILITIES & EQUITY | $430M |
| Total Debt | $147M |
| Net Debt | $146M |
