| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $128M | $115M | 1.7% | 13.5% |
| Op. Income | $12M | $22M | $19M | -42.7% | -35.2% |
| Gross Margin | 46.4% | 46.8% | 46.3% | -0.3pp | 0.2pp |
| Net Margin | 8.3% | 13.3% | 13.8% | -5.0pp | -5.5pp |
| EPS (Diluted) | $0.10 | $0.16 | $0.15 | -37.5% | -33.3% |
| Free Cash Flow | $14M | $22M | $16M | -36.5% | -10.5% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $61M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $12M |
| Interest Income | $224.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $459.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $61M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $12M |
| Interest Income | $224.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $459.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$485.0K |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$27M |
| Purchases of Investments | -$94M |
| Sales/Maturities of Investments | $85M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $338M |
| Net Receivables | $92M |
| Inventory | $107M |
| Other Current Assets | -$1M |
| TOTAL CURRENT ASSETS | $610M |
| PP&E (Net) | $101M |
| Goodwill | $143M |
| Intangible Assets | $109M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | -$18M |
| TOTAL NON-CURRENT ASSETS | $357M |
| TOTAL ASSETS | $967M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $102M |
| Common Stock | $17M |
| Additional Paid-In Capital | $305M |
| Retained Earnings | $568M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $865M |
| Minority Interest | $0 |
| TOTAL EQUITY | $865M |
| TOTAL LIABILITIES & EQUITY | $967M |
| Total Debt | $0 |
| Net Debt | -$51M |
