| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $316M | $278M | $208M | 13.5% | 51.8% |
| Op. Income | $11M | $10M | -$9M | 11.4% | 219.4% |
| Gross Margin | 81.3% | 82.4% | 81.8% | -1.1pp | -0.5pp |
| Net Margin | 4.2% | 4.0% | -3.4% | 0.2pp | 7.7pp |
| EPS (Diluted) | $0.06 | $0.05 | $-0.03 | 13.2% | 265.0% |
| Free Cash Flow | $48M | $12M | $10M | 300.4% | 377.5% |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $257M |
| R&D Expenses | $19M |
| Selling & Marketing | $145M |
| General & Administrative | $41M |
| SG&A Expenses | $185M |
| Other Expenses | $41M |
| Operating Expenses | $246M |
| Cost & Expenses | $305M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $127.0K |
| 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 | $4M |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $316M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $257M |
| R&D Expenses | $19M |
| Selling & Marketing | $145M |
| General & Administrative | $41M |
| SG&A Expenses | $185M |
| Other Expenses | $41M |
| Operating Expenses | $246M |
| Cost & Expenses | $305M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $127.0K |
| 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 | $4M |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | -$515.0K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $98M |
| Net Receivables | $6M |
| Inventory | $41M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $291M |
| PP&E (Net) | $61M |
| Goodwill | $111M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $994.0K |
| TOTAL NON-CURRENT ASSETS | $190M |
| TOTAL ASSETS | $481M |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22.0K |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $119M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $706M |
| Retained Earnings | -$344M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$168.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $362M |
| Minority Interest | $0 |
| TOTAL EQUITY | $362M |
| TOTAL LIABILITIES & EQUITY | $481M |
| Total Debt | $11M |
| Net Debt | -$118M |
