| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $157M | $136M | 5.9% | 22.5% |
| Op. Income | $39M | $25M | $27M | 54.8% | 47.4% |
| Gross Margin | 56.2% | 51.4% | 51.9% | 4.8pp | 4.4pp |
| Net Margin | 18.4% | 14.4% | 14.2% | 4.0pp | 4.3pp |
| EPS (Diluted) | $0.48 | $0.35 | $0.30 | 37.1% | 60.0% |
| Free Cash Flow | $45M | $39M | $48M | 14.2% | -7.0% |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $93M |
| R&D Expenses | $23M |
| Selling & Marketing | $14M |
| General & Administrative | $17M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $306.0K |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $39M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $93M |
| R&D Expenses | $23M |
| Selling & Marketing | $14M |
| General & Administrative | $17M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $306.0K |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $39M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$641.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$602.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$602.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $0 |
| Net Receivables | $114M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $347M |
| PP&E (Net) | $44M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $128M |
| TOTAL ASSETS | $475M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $126M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $217M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $263M |
| Common Stock | $634.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $231M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212M |
| Minority Interest | $0 |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $475M |
| Total Debt | $25M |
| Net Debt | -$184M |
