| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $146M | $123M | 0.8% | 19.6% |
| Op. Income | $12M | $11M | $8M | 5.5% | 59.9% |
| Gross Margin | 31.3% | 31.5% | 32.4% | -0.2pp | -1.1pp |
| Net Margin | 4.6% | 4.3% | 3.7% | 0.3pp | 0.9pp |
| EPS (Diluted) | $0.42 | $0.39 | $0.29 | 7.7% | 44.8% |
| Free Cash Flow | $11M | $32.0K | $9M | 34659.4% | 20.5% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $46M |
| R&D Expenses | $10M |
| Selling & Marketing | $6M |
| General & Administrative | $14M |
| SG&A Expenses | $20M |
| Other Expenses | $4M |
| Operating Expenses | $34M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $6M |
| EBIT | $12M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $46M |
| R&D Expenses | $10M |
| Selling & Marketing | $6M |
| General & Administrative | $14M |
| SG&A Expenses | $20M |
| Other Expenses | $4M |
| Operating Expenses | $34M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $6M |
| EBIT | $12M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $276.0K |
| Other Non-Cash Items | $365.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$872.0K |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $116M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $239M |
| PP&E (Net) | $90M |
| Goodwill | $128M |
| Intangible Assets | $113M |
| Long-Term Investments | $7M |
| Tax Assets | $4M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $346M |
| TOTAL ASSETS | $585M |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $218M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $261M |
| TOTAL LIABILITIES | $349M |
| Common Stock | $92M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $156M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $237M |
| Minority Interest | $0 |
| TOTAL EQUITY | $237M |
| TOTAL LIABILITIES & EQUITY | $585M |
| Total Debt | $250M |
| Net Debt | $226M |
