| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $250M | $202M | 4.4% | 29.2% |
| Op. Income | $12M | $10M | $10M | 18.9% | 21.8% |
| Gross Margin | 52.3% | 51.2% | 49.6% | 1.1pp | 2.7pp |
| Net Margin | 3.6% | 3.8% | 3.7% | -0.2pp | -0.1pp |
| EPS (Diluted) | $0.13 | $0.14 | $0.11 | -7.1% | 18.2% |
| Free Cash Flow | $12M | $3M | $4M | 242.7% | 174.4% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $136M |
| R&D Expenses | $45M |
| Selling & Marketing | $55M |
| General & Administrative | $25M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $249M |
| OPERATING INCOME | $12M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $136M |
| R&D Expenses | $45M |
| Selling & Marketing | $55M |
| General & Administrative | $25M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $249M |
| OPERATING INCOME | $12M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $174M |
| Net Receivables | $97M |
| Inventory | $153M |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $599M |
| PP&E (Net) | $40M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $166M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $342M |
| TOTAL ASSETS | $942M |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $42M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $162M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $200M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$371M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $742M |
| Minority Interest | $0 |
| TOTAL EQUITY | $742M |
| TOTAL LIABILITIES & EQUITY | $942M |
| Total Debt | $13M |
| Net Debt | -$77M |
