| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $113M | $100M | 5.7% | 20.3% |
| Op. Income | $33M | $34M | $29M | -1.6% | 12.4% |
| Gross Margin | 79.1% | 78.8% | 78.4% | 0.3pp | 0.7pp |
| Net Margin | 22.2% | 22.4% | 21.2% | -0.2pp | 1.0pp |
| EPS (Diluted) | $0.67 | $0.64 | $0.53 | 4.7% | 26.4% |
| Free Cash Flow | $30M | $71M | $48M | -57.6% | -36.5% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $95M |
| R&D Expenses | $25M |
| Selling & Marketing | $24M |
| General & Administrative | $13M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $33M |
| Interest Income | $839.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$871.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| 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 | $9M |
| EBIT | $33M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $95M |
| R&D Expenses | $25M |
| Selling & Marketing | $24M |
| General & Administrative | $13M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $33M |
| Interest Income | $839.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$871.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| 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 | $9M |
| EBIT | $33M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $552.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$95M |
| Sales/Maturities of Investments | $89M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $298M |
| Net Receivables | $98M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $552M |
| PP&E (Net) | $91M |
| Goodwill | $7M |
| Intangible Assets | $3M |
| Long-Term Investments | $80M |
| Tax Assets | $35M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $237M |
| TOTAL ASSETS | $789M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $276M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $327M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $392M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $494M |
| Retained Earnings | -$96M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$625.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $789M |
| Total Debt | $43M |
| Net Debt | -$78M |
