| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $125M | $145M | 11.6% | -3.2% |
| Op. Income | $19M | $9M | $22M | 112.5% | -11.2% |
| Gross Margin | 50.3% | 48.6% | 52.1% | 1.7pp | -1.8pp |
| Net Margin | 8.3% | 5.6% | 39.4% | 2.8pp | -31.1pp |
| EPS (Diluted) | $0.18 | $0.11 | $0.85 | 63.6% | -78.8% |
| Free Cash Flow | $28M | -$6M | $23M | 563.0% | 22.2% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $3M |
| Operating Expenses | $51M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $19M |
| Interest Income | $505.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $19M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $3M |
| Operating Expenses | $51M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $19M |
| Interest Income | $505.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $19M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $523.0K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $33.0K |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | -$33.0K |
| Other Investing Activities | $33.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $49.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $44M |
| Net Receivables | $884.0K |
| Inventory | $88M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $158M |
| PP&E (Net) | $168M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $24M |
| Other Non-Current Assets | $565.0K |
| TOTAL NON-CURRENT ASSETS | $194M |
| TOTAL ASSETS | $352M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $116M |
| TOTAL LIABILITIES | $202M |
| Common Stock | $786.0K |
| Additional Paid-In Capital | $324M |
| Retained Earnings | -$56M |
| Treasury Stock | -$116M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $150M |
| Minority Interest | $0 |
| TOTAL EQUITY | $150M |
| TOTAL LIABILITIES & EQUITY | $352M |
| Total Debt | $150M |
| Net Debt | $130M |
