| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $117M | $116M | 3.4% | 4.3% |
| Op. Income | $18M | $10M | $22M | 78.0% | -18.2% |
| Gross Margin | 85.9% | 85.7% | 93.4% | 0.2pp | -7.5pp |
| Net Margin | 10.6% | 6.5% | 14.0% | 4.0pp | -3.4pp |
| EPS (Diluted) | $0.51 | $0.29 | $0.62 | 75.9% | -17.7% |
| Free Cash Flow | $7M | $5M | $46M | 28.4% | -85.0% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $52M |
| SG&A Expenses | $53M |
| Other Expenses | $33M |
| Operating Expenses | $86M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $18M |
| Interest Income | $108M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $52M |
| SG&A Expenses | $53M |
| Other Expenses | $33M |
| Operating Expenses | $86M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $18M |
| Interest Income | $108M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$601.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $1.0K |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $194M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $292M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $630M |
| PP&E (Net) | $113M |
| Goodwill | $234M |
| Intangible Assets | $26M |
| Long-Term Investments | $4.4B |
| Tax Assets | $10M |
| Other Non-Current Assets | $236M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $180M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $262M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $290.0K |
| Additional Paid-In Capital | $547M |
| Retained Earnings | $528M |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $850M |
| Minority Interest | $0 |
| TOTAL EQUITY | $850M |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $180M |
| Net Debt | -$158M |
