| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $109M | $95M | 1.7% | 17.3% |
| Op. Income | $12M | $12M | $8M | 1.8% | 61.0% |
| Gross Margin | 56.6% | 56.3% | 54.9% | 0.3pp | 1.7pp |
| Net Margin | 5.3% | 5.3% | 3.0% | 0.0pp | 2.3pp |
| EPS (Diluted) | $0.16 | $0.16 | $0.08 | 0.0% | 100.0% |
| Free Cash Flow | $5M | $2M | $5M | 193.2% | 7.8% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $63M |
| R&D Expenses | $15M |
| Selling & Marketing | $20M |
| General & Administrative | $15M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$70.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $8M |
| EBIT | $12M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $63M |
| R&D Expenses | $15M |
| Selling & Marketing | $20M |
| General & Administrative | $15M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$70.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $8M |
| EBIT | $12M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$667.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $711.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $83M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $44M |
| Goodwill | $342M |
| Intangible Assets | $289M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $679M |
| TOTAL ASSETS | $848M |
| Account Payables | $21M |
| Short-Term Debt | $19M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $214M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $244M |
| TOTAL LIABILITIES | $328M |
| Common Stock | $423.0K |
| Additional Paid-In Capital | $394M |
| Retained Earnings | $212M |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $520M |
| Minority Interest | $0 |
| TOTAL EQUITY | $520M |
| TOTAL LIABILITIES & EQUITY | $848M |
| Total Debt | $248M |
| Net Debt | $217M |
