| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | $192M | $148M | 7.7% | 39.5% |
| Op. Income | $33M | $15M | -$2M | 122.4% | 1615.1% |
| Gross Margin | 86.2% | 85.9% | 82.3% | 0.3pp | 3.9pp |
| Net Margin | 22.0% | 4.1% | 3.0% | 17.9pp | 19.0pp |
| EPS (Diluted) | $0.12 | $0.02 | $0.01 | 488.2% | 1100.0% |
| Free Cash Flow | $50M | -$5M | $20M | 1017.9% | 148.4% |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $178M |
| R&D Expenses | $28M |
| Selling & Marketing | $48M |
| General & Administrative | $22M |
| SG&A Expenses | $70M |
| Other Expenses | $46M |
| Operating Expenses | $145M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $33M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $2M |
| EBIT | $51M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $178M |
| R&D Expenses | $28M |
| Selling & Marketing | $48M |
| General & Administrative | $22M |
| SG&A Expenses | $70M |
| Other Expenses | $46M |
| Operating Expenses | $145M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $33M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $2M |
| EBIT | $51M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $66M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $581M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $5.5B |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $26M |
| Goodwill | $20M |
| Intangible Assets | $58M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $135M |
| TOTAL ASSETS | $6.3B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5.5B |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $697M |
| Retained Earnings | -$55M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$176.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $626M |
| Minority Interest | $0 |
| TOTAL EQUITY | $626M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $28M |
| Net Debt | -$553M |
