| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $69M | $66M | 0.4% | 5.4% |
| Op. Income | $4M | $3M | $3M | 38.6% | 35.7% |
| Gross Margin | 65.9% | 65.4% | 66.1% | 0.5pp | -0.2pp |
| Net Margin | 6.0% | 3.8% | 4.7% | 2.2pp | 1.3pp |
| EPS (Diluted) | $0.13 | $0.09 | $0.10 | 44.4% | 30.0% |
| Free Cash Flow | $4M | $20M | $1M | -77.4% | 250.3% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $46M |
| R&D Expenses | $11M |
| Selling & Marketing | $11M |
| General & Administrative | $9M |
| SG&A Expenses | $20M |
| Other Expenses | $10M |
| Operating Expenses | $42M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $492.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $367.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $10M |
| EBIT | $4M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $46M |
| R&D Expenses | $11M |
| Selling & Marketing | $11M |
| General & Administrative | $9M |
| SG&A Expenses | $20M |
| Other Expenses | $10M |
| Operating Expenses | $42M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $492.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $367.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $10M |
| EBIT | $4M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$503.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $30M |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $36M |
| Goodwill | $191M |
| Intangible Assets | $114M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $375M |
| TOTAL ASSETS | $493M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $153M |
| Common Stock | $256M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $85M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$889.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $341M |
| Minority Interest | $0 |
| TOTAL EQUITY | $341M |
| TOTAL LIABILITIES & EQUITY | $493M |
| Total Debt | $22M |
| Net Debt | -$4M |
