| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $169M | $159M | 4.2% | 10.8% |
| Op. Income | $11M | -$6M | -$25M | 287.5% | 145.1% |
| Gross Margin | 75.4% | 75.8% | 74.5% | -0.4pp | 0.9pp |
| Net Margin | 9.3% | -2.4% | -15.6% | 11.7pp | 24.9pp |
| EPS (Diluted) | $0.12 | $-0.03 | $-0.19 | 500.0% | 163.2% |
| Free Cash Flow | $33M | $963.0K | $7M | 3370.6% | 351.7% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $132M |
| R&D Expenses | $43M |
| Selling & Marketing | $47M |
| General & Administrative | $29M |
| SG&A Expenses | $76M |
| Other Expenses | $2M |
| Operating Expenses | $121M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $711.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $895.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $3M |
| EBIT | $11M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $132M |
| R&D Expenses | $43M |
| Selling & Marketing | $47M |
| General & Administrative | $29M |
| SG&A Expenses | $76M |
| Other Expenses | $2M |
| Operating Expenses | $121M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $711.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $895.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $3M |
| EBIT | $11M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$195M |
| Sales/Maturities of Investments | $153M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $147M |
| Short-Term Investments | $408M |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $195M |
| TOTAL CURRENT ASSETS | $810M |
| PP&E (Net) | $32M |
| Goodwill | $118M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $151M |
| TOTAL ASSETS | $961M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $253M |
| Long-Term Debt | $356M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $365M |
| TOTAL LIABILITIES | $618M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $655M |
| Retained Earnings | -$311M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$393.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $343M |
| Minority Interest | $0 |
| TOTAL EQUITY | $343M |
| TOTAL LIABILITIES & EQUITY | $961M |
| Total Debt | $369M |
| Net Debt | $222M |
