| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $94M | $73M | -3.2% | 24.7% |
| Op. Income | $22M | $28M | $25M | -22.3% | -12.8% |
| Gross Margin | 85.6% | 87.4% | 89.0% | -1.9pp | -3.4pp |
| Net Margin | 24.7% | 39.2% | 36.2% | -14.5pp | -11.5pp |
| EPS (Diluted) | $0.10 | $0.17 | $0.06 | -41.2% | 72.4% |
| Free Cash Flow | $43M | $45M | $32M | -5.0% | 31.7% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $78M |
| R&D Expenses | $19M |
| Selling & Marketing | $28M |
| General & Administrative | $9M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $22M |
| Interest Income | $850.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $804.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $103.0K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $78M |
| R&D Expenses | $19M |
| Selling & Marketing | $28M |
| General & Administrative | $9M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $22M |
| Interest Income | $850.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $804.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $103.0K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $105.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$54M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $666M |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $874M |
| PP&E (Net) | $23M |
| Goodwill | $68M |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $49M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $177M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $916.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $94M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $203.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $149M |
| Common Stock | $193.0K |
| Additional Paid-In Capital | $715M |
| Retained Earnings | $205M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $902M |
| Minority Interest | $0 |
| TOTAL EQUITY | $902M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $12M |
| Net Debt | -$98M |
