| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $108M | $102M | 4.7% | 11.2% |
| Op. Income | $34M | $30M | $32M | 13.8% | 5.3% |
| Gross Margin | 88.8% | 87.9% | 87.1% | 0.9pp | 1.7pp |
| Net Margin | 26.9% | 26.2% | 25.7% | 0.7pp | 1.2pp |
| EPS (Diluted) | $0.15 | $0.13 | $0.12 | 15.4% | 25.0% |
| Free Cash Flow | $12M | $56M | $38M | -79.1% | -69.2% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $101M |
| R&D Expenses | $20M |
| Selling & Marketing | $30M |
| General & Administrative | $9M |
| SG&A Expenses | $39M |
| Other Expenses | $8M |
| Operating Expenses | $67M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $34M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $3M |
| EBIT | $42M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $101M |
| R&D Expenses | $20M |
| Selling & Marketing | $30M |
| General & Administrative | $9M |
| SG&A Expenses | $39M |
| Other Expenses | $8M |
| Operating Expenses | $67M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $34M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $3M |
| EBIT | $42M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$145M |
| Sales/Maturities of Investments | $96M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$164M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$161M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$198M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $621M |
| Net Receivables | $97M |
| Inventory | $0 |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $863M |
| PP&E (Net) | $25M |
| Goodwill | $68M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $39M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $163M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $714.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $91M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $237.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $154M |
| Common Stock | $188.0K |
| Additional Paid-In Capital | $795M |
| Retained Earnings | $85M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $871M |
| Minority Interest | $0 |
| TOTAL EQUITY | $871M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $15M |
| Net Debt | -$93M |
