| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $131M | $120M | 5.0% | 14.4% |
| Op. Income | $43M | $35M | $33M | 21.7% | 29.8% |
| Gross Margin | 80.6% | 79.4% | 79.1% | 1.2pp | 1.5pp |
| Net Margin | 25.8% | 22.3% | 22.2% | 3.5pp | 3.6pp |
| EPS (Diluted) | $0.95 | $0.77 | $0.67 | 23.4% | 41.8% |
| Free Cash Flow | $50M | $63M | $30M | -20.2% | 65.3% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $111M |
| R&D Expenses | $27M |
| Selling & Marketing | $26M |
| General & Administrative | $14M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $43M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $7M |
| EBIT | $43M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $111M |
| R&D Expenses | $27M |
| Selling & Marketing | $26M |
| General & Administrative | $14M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $43M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $7M |
| EBIT | $43M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$579.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $97M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $431.0K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $163M |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $508M |
| PP&E (Net) | $68M |
| Goodwill | $7M |
| Intangible Assets | $11M |
| Long-Term Investments | $39M |
| Tax Assets | $55M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $201M |
| TOTAL ASSETS | $710M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $302M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $369M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $433M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $534M |
| Retained Earnings | -$255M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $277M |
| Minority Interest | $0 |
| TOTAL EQUITY | $277M |
| TOTAL LIABILITIES & EQUITY | $710M |
| Total Debt | $35M |
| Net Debt | -$151M |
