| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $91M | $79M | 12.7% | 28.8% |
| Op. Income | $32M | $22M | $25M | 48.1% | 28.7% |
| Gross Margin | 87.1% | 85.6% | 88.7% | 1.5pp | -1.6pp |
| Net Margin | 25.7% | 24.7% | 45.5% | 1.0pp | -19.7pp |
| EPS (Diluted) | $0.12 | $0.10 | $0.17 | 20.0% | -29.4% |
| Free Cash Flow | $38M | $43M | $18M | -11.6% | 108.8% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $89M |
| R&D Expenses | $19M |
| Selling & Marketing | $29M |
| General & Administrative | $9M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $32M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $908.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $32M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $89M |
| R&D Expenses | $19M |
| Selling & Marketing | $29M |
| General & Administrative | $9M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $32M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $908.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $32M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$61M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $676M |
| Net Receivables | $79M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $848M |
| PP&E (Net) | $27M |
| Goodwill | $68M |
| Intangible Assets | $34M |
| Long-Term Investments | $0 |
| Tax Assets | $51M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $180M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $90M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $166.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $149M |
| Common Stock | $192.0K |
| Additional Paid-In Capital | $731M |
| Retained Earnings | $170M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $879M |
| Minority Interest | $0 |
| TOTAL EQUITY | $879M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $16M |
| Net Debt | -$58M |
