| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134M | $123M | $110M | 9.1% | 21.8% |
| Op. Income | $15M | $15M | $13M | -3.7% | 11.2% |
| Gross Margin | 80.4% | 80.5% | 82.8% | -0.0pp | -2.4pp |
| Net Margin | 9.6% | 9.9% | 9.4% | -0.3pp | 0.2pp |
| EPS (Diluted) | $0.07 | $0.07 | $0.06 | 4.9% | 24.0% |
| Free Cash Flow | $7M | $17M | $20M | -58.6% | -64.1% |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $108M |
| R&D Expenses | $32M |
| Selling & Marketing | $32M |
| General & Administrative | $20M |
| SG&A Expenses | $51M |
| Other Expenses | $10M |
| Operating Expenses | $93M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $15M |
| Interest Income | $3M |
| Interest Expense | $247.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $10M |
| EBIT | $17M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $108M |
| R&D Expenses | $32M |
| Selling & Marketing | $32M |
| General & Administrative | $20M |
| SG&A Expenses | $51M |
| Other Expenses | $10M |
| Operating Expenses | $93M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $15M |
| Interest Income | $3M |
| Interest Expense | $247.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $10M |
| EBIT | $17M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$515.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $0 |
| Net Receivables | $176M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $492M |
| PP&E (Net) | $91M |
| Goodwill | $344M |
| Intangible Assets | $149M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $591M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $82M |
| TOTAL LIABILITIES | $148M |
| Common Stock | $167.0K |
| Additional Paid-In Capital | $788M |
| Retained Earnings | $153M |
| Treasury Stock | -$528.0K |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $934M |
| Minority Interest | $0 |
| TOTAL EQUITY | $934M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $89M |
| Net Debt | -$206M |
