| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $80M | $77M | -3.4% | 0.0% |
| Op. Income | $1M | -$6M | -$11M | 122.3% | 112.3% |
| Gross Margin | 36.6% | 35.7% | 37.3% | 0.9pp | -0.7pp |
| Net Margin | 3.4% | -10.0% | -17.1% | 13.3pp | 20.4pp |
| EPS (Diluted) | $0.03 | $-0.11 | $-0.20 | 131.1% | 117.1% |
| Free Cash Flow | $9M | $10M | $4M | -13.3% | 116.1% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $28M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $18M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $3M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $28M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $18M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $3M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$280.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $943.0K |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $321M |
| PP&E (Net) | $21M |
| Goodwill | $55M |
| Intangible Assets | $29M |
| Long-Term Investments | $1M |
| Tax Assets | $4M |
| Other Non-Current Assets | $531.0K |
| TOTAL NON-CURRENT ASSETS | $110M |
| TOTAL ASSETS | $431M |
| Account Payables | $5M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $65M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $385M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $367M |
| Minority Interest | $0 |
| TOTAL EQUITY | $367M |
| TOTAL LIABILITIES & EQUITY | $431M |
| Total Debt | $12M |
| Net Debt | -$234M |
