| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $58M | $68M | 14.1% | -3.2% |
| Op. Income | $12M | $6M | $13M | 98.9% | -6.7% |
| Gross Margin | 79.5% | 82.3% | 80.2% | -2.7pp | -0.6pp |
| Net Margin | 17.7% | 6.9% | 15.3% | 10.8pp | 2.3pp |
| EPS (Diluted) | $0.15 | $0.05 | $0.13 | 186.3% | 15.4% |
| Free Cash Flow | $17M | -$4M | $7M | 587.9% | 147.2% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $52M |
| R&D Expenses | $14M |
| Selling & Marketing | $21M |
| General & Administrative | $5M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $12M |
| Interest Income | $662.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $52M |
| R&D Expenses | $14M |
| Selling & Marketing | $21M |
| General & Administrative | $5M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $12M |
| Interest Income | $662.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$101.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $43M |
| Net Receivables | $69M |
| Inventory | $20M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $256M |
| PP&E (Net) | $25M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $60M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $368M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $78M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $54M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $175M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $477M |
| Retained Earnings | -$115M |
| Treasury Stock | -$141M |
| Accum. Other Comp. Income | $542.0K |
| Other Equity | -$29M |
| TOTAL STOCKHOLDERS' EQUITY | $193M |
| Minority Interest | $0 |
| TOTAL EQUITY | $193M |
| TOTAL LIABILITIES & EQUITY | $368M |
| Total Debt | $5M |
| Net Debt | -$106M |
