| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267M | $242M | $174M | 10.5% | 53.5% |
| Op. Income | $40M | $32M | $41M | 21.9% | -3.4% |
| Gross Margin | 82.4% | 81.8% | 82.6% | 0.6pp | -0.2pp |
| Net Margin | 6.0% | 2.6% | 5.3% | 3.4pp | 0.6pp |
| EPS (Diluted) | $0.04 | $0.02 | $0.05 | 100.0% | -20.0% |
| Free Cash Flow | $98M | $98M | $82M | -0.4% | 19.1% |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $220M |
| R&D Expenses | $50M |
| Selling & Marketing | $95M |
| General & Administrative | $29M |
| SG&A Expenses | $124M |
| Other Expenses | $7M |
| Operating Expenses | $181M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $23M |
| EBIT | $38M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $220M |
| R&D Expenses | $50M |
| Selling & Marketing | $95M |
| General & Administrative | $29M |
| SG&A Expenses | $124M |
| Other Expenses | $7M |
| Operating Expenses | $181M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $23M |
| EBIT | $38M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$146M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$144M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $353M |
| Short-Term Investments | $13M |
| Net Receivables | $172M |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $579M |
| PP&E (Net) | $108M |
| Goodwill | $1.7B |
| Intangible Assets | $431M |
| Long-Term Investments | $0 |
| Tax Assets | $4.1B |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $410M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $536M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $135M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $1.3B |
| Net Debt | $951M |
