| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $124M | $252M | 13.1% | -44.4% |
| Op. Income | $2M | $5M | $67M | -66.9% | -97.3% |
| Gross Margin | 40.2% | 42.2% | 52.9% | -2.0pp | -12.8pp |
| Net Margin | 7.9% | 8.2% | 20.4% | -0.3pp | -12.6pp |
| EPS (Diluted) | $0.33 | $0.31 | $1.55 | 6.5% | -78.7% |
| Free Cash Flow | $26M | -$7M | -$2M | 494.6% | 1776.9% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $56M |
| R&D Expenses | $41M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $2M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $868.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $56M |
| R&D Expenses | $41M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $2M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $868.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$15.0K |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $0 |
| Net Receivables | $166M |
| Inventory | $251M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $732M |
| PP&E (Net) | $157M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20M |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $215M |
| TOTAL ASSETS | $947M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $187M |
| Common Stock | $759M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $759M |
| Minority Interest | $0 |
| TOTAL EQUITY | $759M |
| TOTAL LIABILITIES & EQUITY | $947M |
| Total Debt | $0 |
| Net Debt | -$250M |
