| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $98M | $184M | -9.3% | -51.7% |
| Op. Income | $2M | -$11M | -$11M | 114.6% | 114.3% |
| Gross Margin | 33.9% | 22.0% | 19.1% | 11.9pp | 14.8pp |
| Net Margin | 0.5% | -10.8% | -1.4% | 11.3pp | 1.9pp |
| EPS (Diluted) | $0.00 | $-0.68 | $-0.16 | 100.3% | 101.4% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $30M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $2M |
| Interest Income | $992.7K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $479.6K |
| Income Tax Expense | $69.9K |
| Net Income from Continuing Ops | $409.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $438.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $438.1K |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $30M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $2M |
| Interest Income | $992.7K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $479.6K |
| Income Tax Expense | $69.9K |
| Net Income from Continuing Ops | $409.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $438.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $438.1K |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $438.1K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$438.1K |
| 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 | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $4M |
| Net Receivables | $85M |
| Inventory | $115M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $366M |
| PP&E (Net) | $16M |
| Goodwill | $10M |
| Intangible Assets | $15M |
| Long-Term Investments | $249M |
| Tax Assets | $39M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $340M |
| TOTAL ASSETS | $706M |
| Account Payables | $64M |
| Short-Term Debt | $83M |
| Deferred Revenue | $269.0K |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $126M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $336M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $254M |
| Retained Earnings | $108M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $369M |
| Minority Interest | $2M |
| TOTAL EQUITY | $371M |
| TOTAL LIABILITIES & EQUITY | $706M |
| Total Debt | $211M |
| Net Debt | $67M |
