| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $187M | $163M | 16.4% | 33.7% |
| Op. Income | $26M | -$11M | $11M | 326.4% | 129.4% |
| Gross Margin | 81.8% | 80.7% | 84.3% | 1.2pp | -2.5pp |
| Net Margin | 20.8% | 2.6% | 8.3% | 18.3pp | 12.5pp |
| EPS (Diluted) | $0.10 | $0.01 | $0.03 | 844.4% | 240.0% |
| Free Cash Flow | $112M | $79M | $27M | 40.4% | 308.5% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $178M |
| R&D Expenses | $53M |
| Selling & Marketing | $69M |
| General & Administrative | $30M |
| SG&A Expenses | $99M |
| Other Expenses | $259.5K |
| Operating Expenses | $152M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $26M |
| Interest Income | $22M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $0 |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $178M |
| R&D Expenses | $53M |
| Selling & Marketing | $69M |
| General & Administrative | $30M |
| SG&A Expenses | $99M |
| Other Expenses | $259.5K |
| Operating Expenses | $152M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $26M |
| Interest Income | $22M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $0 |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$647M |
| NET CASH FROM INVESTING | -$647M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | -$513M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $400M |
| Short-Term Investments | $1.5B |
| Net Receivables | $31M |
| Inventory | $27M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $169M |
| Goodwill | $831.4K |
| Intangible Assets | $1M |
| Long-Term Investments | $285M |
| Tax Assets | $0 |
| Other Non-Current Assets | $584.5K |
| TOTAL NON-CURRENT ASSETS | $457M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $384M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $498M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $519M |
| Common Stock | $82.4K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$474M |
| Treasury Stock | -$145M |
| Accum. Other Comp. Income | $161M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $39M |
| Net Debt | -$361M |
