| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $79M | $80M | 7.5% | 6.4% |
| Op. Income | $32M | $24M | $24M | 35.4% | 32.3% |
| Gross Margin | 67.4% | 64.2% | 63.1% | 3.1pp | 4.3pp |
| Net Margin | 42.5% | 37.2% | 30.8% | 5.3pp | 11.8pp |
| EPS (Diluted) | $0.20 | $0.16 | $0.14 | 25.0% | 42.9% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $57M |
| R&D Expenses | $6M |
| Selling & Marketing | $11M |
| General & Administrative | $7M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $32M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $708.7K |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $283.3K |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $57M |
| R&D Expenses | $6M |
| Selling & Marketing | $11M |
| General & Administrative | $7M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $32M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $708.7K |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $283.3K |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267M |
| Short-Term Investments | $277M |
| Net Receivables | $111.7K |
| Inventory | $417.8K |
| Other Current Assets | $417.8K |
| TOTAL CURRENT ASSETS | $579M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $601M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $616.9K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $16.2K |
| Additional Paid-In Capital | $309M |
| Retained Earnings | $261M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $532M |
| Minority Interest | -$3M |
| TOTAL EQUITY | $529M |
| TOTAL LIABILITIES & EQUITY | $601M |
| Total Debt | $3M |
| Net Debt | -$264M |
