| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $69M | $75M | -5.0% | -12.7% |
| Op. Income | -$9M | -$6M | $2M | -52.3% | -639.3% |
| Gross Margin | 80.6% | 80.7% | 81.5% | -0.1pp | -0.9pp |
| Net Margin | -8.9% | -4.5% | 4.2% | -4.4pp | -13.0pp |
| EPS (Diluted) | $-0.13 | $-0.07 | $0.07 | -86.0% | -289.0% |
| Free Cash Flow | $3M | -$3M | $29M | 208.9% | -88.8% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $53M |
| R&D Expenses | $21M |
| Selling & Marketing | $32M |
| General & Administrative | $8M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $74M |
| OPERATING INCOME | -$9M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $727.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $3M |
| EBIT | -$9M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $717.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $456.1K |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $88.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $762.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $300M |
| Net Receivables | $17M |
| Inventory | $12M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $382M |
| PP&E (Net) | $41M |
| Goodwill | $68M |
| Intangible Assets | $18M |
| Long-Term Investments | $59M |
| Tax Assets | $2M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $229M |
| TOTAL ASSETS | $611M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $111M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $70M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $106M |
| TOTAL LIABILITIES | $267M |
| Common Stock | $733.0K |
| Additional Paid-In Capital | $515M |
| Retained Earnings | $133M |
| Treasury Stock | -$337M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $306M |
| Minority Interest | $38M |
| TOTAL EQUITY | $344M |
| TOTAL LIABILITIES & EQUITY | $611M |
| Total Debt | $22M |
| Net Debt | -$21M |
