| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $96M | $91M | 4.2% | 9.9% |
| Op. Income | $14M | $14M | $11M | 0.1% | 29.4% |
| Gross Margin | 83.8% | 84.3% | 84.3% | -0.5pp | -0.5pp |
| Net Margin | 3.5% | 7.3% | 5.6% | -3.7pp | -2.1pp |
| EPS (Diluted) | $0.02 | $0.04 | $0.03 | -49.6% | -31.8% |
| Free Cash Flow | $5M | $11M | $9M | -52.6% | -46.0% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $84M |
| R&D Expenses | $19M |
| Selling & Marketing | $33M |
| General & Administrative | $17M |
| SG&A Expenses | $50M |
| Other Expenses | $564.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $5M |
| 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 | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $84M |
| R&D Expenses | $19M |
| Selling & Marketing | $33M |
| General & Administrative | $17M |
| SG&A Expenses | $50M |
| Other Expenses | $564.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $5M |
| 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 | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $8.0K |
| Other Non-Cash Items | $489.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$875.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$767.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $163M |
| PP&E (Net) | $68M |
| Goodwill | $833M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $930M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $3M |
| Short-Term Debt | $4M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $333M |
| Deferred Revenue NC | $231.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $373M |
| TOTAL LIABILITIES | $436M |
| Common Stock | $182.0K |
| Additional Paid-In Capital | $638M |
| Retained Earnings | $20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $656M |
| Minority Interest | $0 |
| TOTAL EQUITY | $656M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $374M |
| Net Debt | $276M |
