| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $123M | — | -6.3% | — |
| Op. Income | $16M | $17M | — | -7.7% | — |
| Gross Margin | 34.6% | 33.1% | — | 1.4pp | — |
| Net Margin | 6.8% | 7.2% | — | -0.3pp | — |
| EPS (Diluted) | $0.07 | $0.08 | — | -7.9% | — |
| Free Cash Flow | -$7M | $18M | — | -139.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $40M |
| R&D Expenses | $100.3K |
| Selling & Marketing | $9M |
| General & Administrative | $14M |
| SG&A Expenses | $24M |
| Other Expenses | $261.1K |
| Operating Expenses | $24M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $16M |
| Interest Income | $62.6K |
| Interest Expense | $909.4K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $16M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $40M |
| R&D Expenses | $100.3K |
| Selling & Marketing | $9M |
| General & Administrative | $14M |
| SG&A Expenses | $24M |
| Other Expenses | $261.1K |
| Operating Expenses | $24M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $16M |
| Interest Income | $62.6K |
| Interest Expense | $909.4K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $16M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$809.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $1M |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $4M |
| Goodwill | $58M |
| Intangible Assets | $12M |
| Long-Term Investments | $2M |
| Tax Assets | $1M |
| Other Non-Current Assets | $230.5K |
| TOTAL NON-CURRENT ASSETS | $77M |
| TOTAL ASSETS | $118M |
| Account Payables | $803.7K |
| Short-Term Debt | $9M |
| Deferred Revenue | $542.1K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $1.5K |
| Additional Paid-In Capital | $40M |
| Retained Earnings | $15M |
| Treasury Stock | -$771.6K |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $118M |
| Total Debt | $38M |
| Net Debt | $32M |
