| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $241M | $208M | 8.3% | 25.5% |
| Op. Income | $18M | $8M | -$139.0K | 123.4% | 12969.8% |
| Gross Margin | 63.8% | 62.6% | 64.3% | 1.2pp | -0.5pp |
| Net Margin | 7.3% | 3.5% | -1.8% | 3.7pp | 9.0pp |
| EPS (Diluted) | $0.48 | $0.22 | $-0.10 | 118.2% | 591.8% |
| Free Cash Flow | $13M | $9M | -$44M | 38.1% | 129.0% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $167M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $127M |
| Other Expenses | $0 |
| Operating Expenses | $149M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $18M |
| Interest Income | $1M |
| Interest Expense | $444.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $576.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $7M |
| EBIT | $20M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $167M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $127M |
| Other Expenses | $0 |
| Operating Expenses | $149M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $18M |
| Interest Income | $1M |
| Interest Expense | $444.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $576.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $7M |
| EBIT | $20M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$483.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$822.0K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $107M |
| Net Receivables | $209M |
| Inventory | $359M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $828M |
| PP&E (Net) | $285M |
| Goodwill | $166M |
| Intangible Assets | $76M |
| Long-Term Investments | $0 |
| Tax Assets | $67M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $605M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $222M |
| TOTAL LIABILITIES | $366M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $231M |
| Net Debt | $117M |
