| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206M | $206M | $189M | 0.2% | 9.0% |
| Op. Income | $5M | $2M | $15M | 162.9% | -66.0% |
| Gross Margin | 45.4% | 42.5% | 48.5% | 2.9pp | -3.1pp |
| Net Margin | -5.2% | -6.6% | -2.0% | 1.5pp | -3.1pp |
| EPS (Diluted) | $-0.13 | $-0.16 | $-0.05 | 18.8% | -184.5% |
| Free Cash Flow | $19M | -$67M | $14M | 128.3% | 32.0% |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $94M |
| R&D Expenses | $47M |
| Selling & Marketing | $16M |
| General & Administrative | $26M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $5M |
| Interest Income | $89.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $41M |
| EBIT | -$2M |
| EBITDA | $38M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $309M |
| PP&E (Net) | $79M |
| Goodwill | $1.6B |
| Intangible Assets | $992M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $16M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $126M |
| Long-Term Debt | $915M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $92M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $152M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.0B |
| Net Debt | $825M |
