| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $72M | $80M | 1.8% | -7.3% |
| Op. Income | $15M | $14M | $21M | 5.2% | -28.5% |
| Gross Margin | 47.4% | 46.7% | 50.5% | 0.7pp | -3.1pp |
| Net Margin | 25.1% | 23.8% | 24.1% | 1.3pp | 1.0pp |
| EPS (Diluted) | $0.38 | $0.36 | $0.40 | 5.6% | -5.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $35M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $15M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $35M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $15M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $199M |
| Net Receivables | $79M |
| Inventory | $61M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $587M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $602.0K |
| Long-Term Investments | $75M |
| Tax Assets | $724.0K |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $710M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $196M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $206M |
| TOTAL LIABILITIES | $283M |
| Common Stock | $175.0K |
| Additional Paid-In Capital | $194M |
| Retained Earnings | $235M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $426M |
| Minority Interest | $0 |
| TOTAL EQUITY | $426M |
| TOTAL LIABILITIES & EQUITY | $710M |
| Total Debt | $198M |
| Net Debt | -$35M |
