| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $76M | — | 6.0% | — |
| Op. Income | $18M | $21M | — | -12.4% | — |
| Gross Margin | 70.4% | 70.0% | — | 0.4pp | — |
| Net Margin | 1.6% | 45.7% | — | -44.1pp | — |
| EPS (Diluted) | $0.02 | $0.42 | — | -95.2% | — |
| Free Cash Flow | $38M | $26M | — | 48.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $57M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $24M |
| Operating Expenses | $39M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $18M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $5M |
| EBIT | $29M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $57M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $24M |
| Operating Expenses | $39M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $18M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $5M |
| EBIT | $29M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $47M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $324M |
| PP&E (Net) | $3M |
| Goodwill | $15M |
| Intangible Assets | $243M |
| Long-Term Investments | $433M |
| Tax Assets | $6M |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $795M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $445M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $524M |
| TOTAL LIABILITIES | $563M |
| Common Stock | $653.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$169M |
| Treasury Stock | -$394M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $555M |
| Minority Interest | $0 |
| TOTAL EQUITY | $555M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $448M |
| Net Debt | $275M |
