| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $132M | $142M | -7.2% | -13.4% |
| Op. Income | $29M | $36M | $37M | -19.6% | -22.3% |
| Gross Margin | 56.8% | 58.4% | 56.8% | -1.7pp | 0.0pp |
| Net Margin | 24.4% | 26.2% | 24.6% | -1.8pp | -0.2pp |
| EPS (Diluted) | $0.94 | $1.09 | $1.09 | -13.8% | -13.8% |
| Free Cash Flow | $21M | $20M | $21M | 2.9% | 0.2% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $70M |
| R&D Expenses | $22M |
| Selling & Marketing | $13M |
| General & Administrative | $6M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $29M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $4M |
| EBIT | $29M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $70M |
| R&D Expenses | $22M |
| Selling & Marketing | $13M |
| General & Administrative | $6M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $29M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $4M |
| EBIT | $29M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $106.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $115.0K |
| NET CASH FROM FINANCING | $115.0K |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $287M |
| Net Receivables | $83M |
| Inventory | $149M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $665M |
| PP&E (Net) | $104M |
| Goodwill | $50M |
| Intangible Assets | $41M |
| Long-Term Investments | $148M |
| Tax Assets | $24M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $375M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $36M |
| Short-Term Debt | $197M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $313M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $377M |
| Common Stock | $662M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $662M |
| Minority Interest | $0 |
| TOTAL EQUITY | $662M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $243M |
| Net Debt | $114M |
