| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $228M | $209M | $212M | 9.2% | 7.6% |
| Op. Income | $21M | -$9M | $12M | 334.5% | 75.9% |
| Gross Margin | 74.7% | 72.4% | 75.6% | 2.4pp | -0.9pp |
| Net Margin | 7.6% | -3.4% | 3.7% | 11.0pp | 3.9pp |
| EPS (Diluted) | $0.24 | $-0.10 | $0.11 | 343.9% | 118.2% |
| Free Cash Flow | $7M | -$15M | $22M | 147.8% | -67.0% |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $170M |
| R&D Expenses | $44M |
| Selling & Marketing | $66M |
| General & Administrative | $25M |
| SG&A Expenses | $91M |
| Other Expenses | $14M |
| Operating Expenses | $149M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $21M |
| Interest Income | $756.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $21M |
| EBIT | $22M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $170M |
| R&D Expenses | $44M |
| Selling & Marketing | $66M |
| General & Administrative | $25M |
| SG&A Expenses | $91M |
| Other Expenses | $14M |
| Operating Expenses | $149M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $21M |
| Interest Income | $756.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $21M |
| EBIT | $22M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $4.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $320M |
| Short-Term Investments | $47M |
| Net Receivables | $139M |
| Inventory | $23M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $588M |
| PP&E (Net) | $89M |
| Goodwill | $1.7B |
| Intangible Assets | $394M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $21M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $314M |
| TOTAL CURRENT LIABILITIES | $402M |
| Long-Term Debt | $249M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $113M |
| TOTAL NON-CURRENT LIABILITIES | $482M |
| TOTAL LIABILITIES | $884M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $421M |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $308M |
| Net Debt | -$12M |
