| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $189M | — | -7.3% | — |
| Op. Income | $21M | $24M | — | -13.7% | — |
| Gross Margin | 50.8% | 49.0% | — | 1.8pp | — |
| Net Margin | 6.7% | 7.9% | — | -1.2pp | — |
| EPS (Diluted) | $0.11 | $0.15 | — | -26.7% | — |
| Free Cash Flow | $21M | $30M | — | -30.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $89M |
| R&D Expenses | $15M |
| Selling & Marketing | $15M |
| General & Administrative | $37M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $20M |
| EBIT | $21M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $89M |
| R&D Expenses | $15M |
| Selling & Marketing | $15M |
| General & Administrative | $37M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $20M |
| EBIT | $21M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$929.0K |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $256M |
| Inventory | $0 |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $365M |
| PP&E (Net) | $48M |
| Goodwill | $548M |
| Intangible Assets | $408M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $172M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $124M |
| TOTAL CURRENT LIABILITIES | $313M |
| Long-Term Debt | $447M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $476M |
| TOTAL LIABILITIES | $788M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $803M |
| Retained Earnings | -$165M |
| Treasury Stock | -$71.0K |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $584M |
| Minority Interest | $2M |
| TOTAL EQUITY | $586M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $459M |
| Net Debt | $376M |
