| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $161M | $157M | 5.5% | 8.1% |
| Op. Income | $2M | -$5M | -$6M | 133.7% | 129.2% |
| Gross Margin | 65.8% | 65.3% | 65.0% | 0.5pp | 0.8pp |
| Net Margin | -0.5% | -12.9% | -8.2% | 12.4pp | 7.7pp |
| EPS (Diluted) | $-0.00 | $-0.11 | $-0.07 | 95.6% | 92.7% |
| Free Cash Flow | $23M | $8M | $6M | 188.4% | 248.9% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $112M |
| R&D Expenses | $18M |
| Selling & Marketing | $31M |
| General & Administrative | $35M |
| SG&A Expenses | $66M |
| Other Expenses | $26M |
| Operating Expenses | $110M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$896.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$896.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$896.0K |
| D&A | $26M |
| EBIT | $2M |
| EBITDA | $28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$896.0K |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $178M |
| PP&E (Net) | $11M |
| Goodwill | $913M |
| Intangible Assets | $398M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $11M |
| Short-Term Debt | $6M |
| Deferred Revenue | $37M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $529M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $573M |
| TOTAL LIABILITIES | $685M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$596M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $859M |
| Minority Interest | $0 |
| TOTAL EQUITY | $859M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $534M |
| Net Debt | $451M |
