| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $235M | $217M | $172M | 8.0% | 36.3% |
| Op. Income | $38M | $26M | $20M | 49.1% | 89.2% |
| Gross Margin | 83.3% | 81.8% | 83.0% | 1.5pp | 0.4pp |
| Net Margin | 26.5% | 20.8% | 18.0% | 5.7pp | 8.5pp |
| EPS (Diluted) | $0.14 | $0.10 | $0.07 | 38.2% | 104.3% |
| Free Cash Flow | $119M | $112M | $54M | 6.4% | 121.7% |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $196M |
| R&D Expenses | $61M |
| Selling & Marketing | $67M |
| General & Administrative | $32M |
| SG&A Expenses | $99M |
| Other Expenses | -$2M |
| Operating Expenses | $158M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $38M |
| Interest Income | $24M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $0 |
| EBIT | $38M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $196M |
| R&D Expenses | $61M |
| Selling & Marketing | $67M |
| General & Administrative | $32M |
| SG&A Expenses | $99M |
| Other Expenses | -$2M |
| Operating Expenses | $158M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $38M |
| Interest Income | $24M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $0 |
| EBIT | $38M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $119M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$155M |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $1.5B |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $211M |
| Goodwill | $831.4K |
| Intangible Assets | $1M |
| Long-Term Investments | $351M |
| Tax Assets | $0 |
| Other Non-Current Assets | $584.5K |
| TOTAL NON-CURRENT ASSETS | $565M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $379M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $535M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $555M |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $36M |
| Net Debt | -$321M |
