| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $116M | $105M | 5.7% | 17.6% |
| Op. Income | $32M | $31M | $26M | 3.1% | 20.8% |
| Gross Margin | 76.5% | 76.1% | 75.6% | 0.4pp | 0.8pp |
| Net Margin | 18.6% | 19.9% | 22.2% | -1.2pp | -3.5pp |
| EPS (Diluted) | $0.27 | $0.27 | $0.27 | 0.0% | 0.0% |
| Free Cash Flow | $45M | $43M | $45M | 4.2% | -1.8% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $94M |
| R&D Expenses | $18M |
| Selling & Marketing | $14M |
| General & Administrative | $13M |
| SG&A Expenses | $27M |
| Other Expenses | $16M |
| Operating Expenses | $61M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $284.0K |
| Other Income/Expenses | $177.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $17M |
| EBIT | $32M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $94M |
| R&D Expenses | $18M |
| Selling & Marketing | $14M |
| General & Administrative | $13M |
| SG&A Expenses | $27M |
| Other Expenses | $16M |
| Operating Expenses | $61M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $284.0K |
| Other Income/Expenses | $177.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $17M |
| EBIT | $32M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $68.0K |
| Change in Working Capital | $982.0K |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$61M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $814.0K |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $271M |
| PP&E (Net) | $19M |
| Goodwill | $672M |
| Intangible Assets | $253M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $976M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $67M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $208M |
| Common Stock | $537M |
| Additional Paid-In Capital | $480M |
| Retained Earnings | $49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $9M |
| Net Debt | -$180M |
