| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $126M | $109M | 3.6% | 19.5% |
| Op. Income | $17M | $17M | $16M | 1.8% | 6.7% |
| Gross Margin | 65.8% | 65.9% | 65.6% | -0.0pp | 0.2pp |
| Net Margin | 11.3% | 12.1% | 9.8% | -0.9pp | 1.4pp |
| EPS (Diluted) | $0.39 | $0.41 | $0.29 | -4.9% | 34.5% |
| Free Cash Flow | $30M | $16M | $29M | 80.4% | 3.2% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $86M |
| R&D Expenses | $13M |
| Selling & Marketing | $30M |
| General & Administrative | $22M |
| SG&A Expenses | $52M |
| Other Expenses | $3M |
| Operating Expenses | $69M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $17M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $8M |
| EBIT | $17M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $86M |
| R&D Expenses | $13M |
| Selling & Marketing | $30M |
| General & Administrative | $22M |
| SG&A Expenses | $52M |
| Other Expenses | $3M |
| Operating Expenses | $69M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $17M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $8M |
| EBIT | $17M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$85.0K |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $61M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $385M |
| PP&E (Net) | $43M |
| Goodwill | $203M |
| Intangible Assets | $78M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $351M |
| TOTAL ASSETS | $736M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $66M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $135M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $508M |
| Retained Earnings | $223M |
| Treasury Stock | -$129M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $601M |
| Minority Interest | $0 |
| TOTAL EQUITY | $601M |
| TOTAL LIABILITIES & EQUITY | $736M |
| Total Debt | $15M |
| Net Debt | -$194M |
