| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $84M | $112M | 30.8% | -2.1% |
| Op. Income | $33M | $7M | $9M | 407.6% | 251.6% |
| Gross Margin | 55.6% | 54.7% | 64.6% | 0.9pp | -9.0pp |
| Net Margin | 24.5% | 7.9% | -6.2% | 16.6pp | 30.6pp |
| EPS (Diluted) | $0.27 | $0.07 | $-0.07 | 285.7% | 485.7% |
| Free Cash Flow | $13M | -$2M | -$2M | 816.1% | 866.7% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $25M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $4M |
| EBIT | $49M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $25M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $4M |
| EBIT | $49M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | -$28M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$19.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$156.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $8M |
| Net Receivables | $170M |
| Inventory | $103M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $296M |
| PP&E (Net) | $133M |
| Goodwill | $6M |
| Intangible Assets | $39M |
| Long-Term Investments | $8M |
| Tax Assets | $7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $195M |
| TOTAL ASSETS | $491M |
| Account Payables | $86M |
| Short-Term Debt | $119M |
| Deferred Revenue | $26M |
| Other Current Liabilities | -$9M |
| TOTAL CURRENT LIABILITIES | $244M |
| Long-Term Debt | $170M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $215M |
| TOTAL LIABILITIES | $459M |
| Common Stock | $1M |
| Additional Paid-In Capital | $378M |
| Retained Earnings | -$362M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | -$156.0K |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | -$935.0K |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $491M |
| Total Debt | $288M |
| Net Debt | $277M |
