| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106M | $100M | $92M | 6.3% | 15.8% |
| Op. Income | $16M | $14M | $10M | 10.5% | 53.8% |
| Gross Margin | 84.0% | 83.8% | 84.5% | 0.2pp | -0.6pp |
| Net Margin | 4.3% | 3.5% | 4.7% | 0.7pp | -0.5pp |
| EPS (Diluted) | $0.02 | $0.02 | $0.02 | 25.9% | 1.2% |
| Free Cash Flow | $15M | $5M | $19M | 193.1% | -21.8% |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $89M |
| R&D Expenses | $20M |
| Selling & Marketing | $35M |
| General & Administrative | $18M |
| SG&A Expenses | $53M |
| Other Expenses | $10.0K |
| Operating Expenses | $73M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $89M |
| R&D Expenses | $20M |
| Selling & Marketing | $35M |
| General & Administrative | $18M |
| SG&A Expenses | $53M |
| Other Expenses | $10.0K |
| Operating Expenses | $73M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $6.0K |
| Other Non-Cash Items | $76.0K |
| Change in Working Capital | -$756.0K |
| OPERATING CASH FLOW | $21M |
| 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 | -$2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $184M |
| PP&E (Net) | $68M |
| Goodwill | $832M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $929M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $6M |
| Short-Term Debt | $4M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $332M |
| Deferred Revenue NC | $171.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $371M |
| TOTAL LIABILITIES | $444M |
| Common Stock | $182.0K |
| Additional Paid-In Capital | $647M |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $669M |
| Minority Interest | $0 |
| TOTAL EQUITY | $669M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $372M |
| Net Debt | $263M |
