| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $73M | $45M | 9.2% | 75.9% |
| Op. Income | $25M | $25M | $10M | 0.3% | 139.1% |
| Gross Margin | 88.7% | 89.0% | 83.5% | -0.3pp | 5.2pp |
| Net Margin | 45.5% | 36.2% | 22.2% | 9.3pp | 23.2pp |
| EPS (Diluted) | $0.17 | $0.06 | $0.01 | 193.1% | 1768.1% |
| Free Cash Flow | $18M | $32M | $11M | -44.2% | 60.4% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $70M |
| R&D Expenses | $15M |
| Selling & Marketing | $21M |
| General & Administrative | $9M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $25M |
| Interest Income | $440.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $420.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $70M |
| R&D Expenses | $15M |
| Selling & Marketing | $21M |
| General & Administrative | $9M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $25M |
| Interest Income | $440.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $420.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $900.0K |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $556M |
| Other Investing Activities | -$900.0K |
| NET CASH FROM INVESTING | -$534M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $53.0K |
| NET CASH FROM FINANCING | $53.0K |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$515M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $663M |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $830M |
| PP&E (Net) | $9M |
| Goodwill | $19M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $779.0K |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $869M |
| Account Payables | $781.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $79M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $49.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $904.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $97M |
| Common Stock | $187.0K |
| Additional Paid-In Capital | $674M |
| Retained Earnings | $99M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$775.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $773M |
| Minority Interest | $0 |
| TOTAL EQUITY | $773M |
| TOTAL LIABILITIES & EQUITY | $869M |
| Total Debt | $616.0K |
| Net Debt | -$79M |
