| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $142M | $123M | 10.6% | 27.8% |
| Op. Income | $46M | $37M | $29M | 22.6% | 58.9% |
| Gross Margin | 59.0% | 58.7% | 56.8% | 0.3pp | 2.2pp |
| Net Margin | 28.8% | 26.0% | 24.4% | 2.8pp | 4.4pp |
| EPS (Diluted) | $1.40 | $1.15 | $0.94 | 21.7% | 48.9% |
| Free Cash Flow | $58M | $57M | $21M | 2.2% | 177.2% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $93M |
| R&D Expenses | $26M |
| Selling & Marketing | $16M |
| General & Administrative | $5M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $46M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $46M |
| EBITDA | $50M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $93M |
| R&D Expenses | $26M |
| Selling & Marketing | $16M |
| General & Administrative | $5M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $46M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $4M |
| EBIT | $46M |
| EBITDA | $50M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$777.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$125M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $407M |
| Net Receivables | $94M |
| Inventory | $157M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $803M |
| PP&E (Net) | $107M |
| Goodwill | $49M |
| Intangible Assets | $35M |
| Long-Term Investments | $221M |
| Tax Assets | $26M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $444M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $41M |
| Short-Term Debt | $198M |
| Deferred Revenue | $54M |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $346M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $404M |
| Common Stock | $843M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $843M |
| Minority Interest | $0 |
| TOTAL EQUITY | $843M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $241M |
| Net Debt | $111M |
