| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206M | $225M | $253M | -8.2% | -18.5% |
| Op. Income | $15M | $14M | $28M | 3.2% | -47.8% |
| Gross Margin | 60.5% | 59.1% | 57.9% | 1.5pp | 2.6pp |
| Net Margin | 5.7% | 5.5% | 8.6% | 0.2pp | -2.9pp |
| EPS (Diluted) | $0.70 | $0.74 | $1.27 | -5.4% | -44.9% |
| Free Cash Flow | -$5M | $4M | -$714.0K | -208.0% | -568.5% |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $110M |
| Other Expenses | $0 |
| Operating Expenses | $110M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $15M |
| Interest Income | $973.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $959.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $110M |
| Other Expenses | $0 |
| Operating Expenses | $110M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $15M |
| Interest Income | $973.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $959.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10.0K |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $115M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $257M |
| PP&E (Net) | $369M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $399M |
| TOTAL ASSETS | $656M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $46M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $206M |
| TOTAL LIABILITIES | $351M |
| Common Stock | $32M |
| Additional Paid-In Capital | $110M |
| Retained Earnings | $413M |
| Treasury Stock | -$249M |
| Accum. Other Comp. Income | -$756.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $306M |
| Minority Interest | $0 |
| TOTAL EQUITY | $306M |
| TOTAL LIABILITIES & EQUITY | $656M |
| Total Debt | $216M |
| Net Debt | $106M |
