| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $146M | $137M | 2.0% | 8.4% |
| Op. Income | $48M | $45M | $43M | 7.4% | 12.2% |
| Gross Margin | 82.2% | 81.3% | 80.6% | 0.9pp | 1.7pp |
| Net Margin | 29.4% | 27.2% | 25.8% | 2.2pp | 3.6pp |
| EPS (Diluted) | $1.17 | $1.05 | $0.95 | 11.4% | 23.2% |
| Free Cash Flow | $49M | $83M | $50M | -41.5% | -2.6% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $122M |
| R&D Expenses | $27M |
| Selling & Marketing | $32M |
| General & Administrative | $15M |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $48M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $5M |
| EBIT | $48M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $122M |
| R&D Expenses | $27M |
| Selling & Marketing | $32M |
| General & Administrative | $15M |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $48M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $5M |
| EBIT | $48M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$130M |
| Sales/Maturities of Investments | $127M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $112M |
| Net Receivables | $110M |
| Inventory | $0 |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $72M |
| Goodwill | $7M |
| Intangible Assets | $8M |
| Long-Term Investments | $162M |
| Tax Assets | $70M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $343M |
| TOTAL ASSETS | $877M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $324M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $372M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $449M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $624M |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$534.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $428M |
| Minority Interest | $0 |
| TOTAL EQUITY | $428M |
| TOTAL LIABILITIES & EQUITY | $877M |
| Total Debt | $51M |
| Net Debt | -$231M |
