| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $86M | $87M | 32.2% | 30.0% |
| Op. Income | $49M | $35M | $42M | 40.5% | 18.5% |
| Gross Margin | 83.3% | 82.8% | 85.4% | 0.5pp | -2.1pp |
| Net Margin | 38.8% | 36.1% | 46.9% | 2.7pp | -8.1pp |
| EPS (Diluted) | $0.52 | $0.36 | $0.48 | 44.4% | 8.3% |
| Free Cash Flow | $45M | $32M | $46M | 41.5% | -3.8% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $95M |
| R&D Expenses | $3M |
| Selling & Marketing | $40M |
| General & Administrative | $3M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $918.0K |
| Other Income/Expenses | -$918.0K |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $155.0K |
| EBIT | $49M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $95M |
| R&D Expenses | $3M |
| Selling & Marketing | $40M |
| General & Administrative | $3M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $918.0K |
| Other Income/Expenses | -$918.0K |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $155.0K |
| EBIT | $49M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $155.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $165.7K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$541.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $961.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $355M |
| Net Receivables | $36M |
| Inventory | $30M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $509M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $600.0K |
| Tax Assets | $3M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $523M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $70M |
| Common Stock | $453M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $453M |
| Minority Interest | $0 |
| TOTAL EQUITY | $453M |
| TOTAL LIABILITIES & EQUITY | $523M |
| Total Debt | $4M |
| Net Debt | -$85M |
