| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $74M | $81M | 25.5% | 13.8% |
| Op. Income | $9M | $3M | $17M | 207.0% | -49.5% |
| Gross Margin | 76.6% | 78.3% | 78.8% | -1.7pp | -2.1pp |
| Net Margin | 6.6% | 3.7% | 16.1% | 2.9pp | -9.5pp |
| EPS (Diluted) | $0.12 | $0.05 | $0.26 | 119.0% | -53.8% |
| Free Cash Flow | -$9M | -$8M | $8M | -16.6% | -216.9% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $71M |
| R&D Expenses | $12M |
| Selling & Marketing | $32M |
| General & Administrative | $18M |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $9M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$105.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $71M |
| R&D Expenses | $12M |
| Selling & Marketing | $32M |
| General & Administrative | $18M |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $9M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$105.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $18.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$40.0K |
| Common Stock Repurchased | -$135.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $97M |
| Net Receivables | $99M |
| Inventory | $25M |
| Other Current Assets | $668.0K |
| TOTAL CURRENT ASSETS | $328M |
| PP&E (Net) | $88M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $18M |
| Tax Assets | $5M |
| Other Non-Current Assets | $954.0K |
| TOTAL NON-CURRENT ASSETS | $113M |
| TOTAL ASSETS | $441M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $485.0K |
| Additional Paid-In Capital | $420M |
| Retained Earnings | -$64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $354M |
| Minority Interest | $0 |
| TOTAL EQUITY | $354M |
| TOTAL LIABILITIES & EQUITY | $441M |
| Total Debt | $32M |
| Net Debt | -$62M |
