| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | $144M | $136M | 17.2% | 24.2% |
| Op. Income | $23M | -$3M | -$18M | 815.8% | 228.3% |
| Gross Margin | 89.4% | 88.6% | 84.4% | 0.7pp | 4.9pp |
| Net Margin | 11.8% | 0.1% | -0.6% | 11.7pp | 12.4pp |
| EPS (Diluted) | $0.36 | $0.00 | $-0.02 | 17900.0% | 1900.0% |
| Free Cash Flow | $36M | $38M | -$19M | -6.8% | 286.8% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $150M |
| R&D Expenses | $26M |
| Selling & Marketing | $59M |
| General & Administrative | $27M |
| SG&A Expenses | $86M |
| Other Expenses | $16M |
| Operating Expenses | $128M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $23M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $21M |
| EBIT | $18M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $150M |
| R&D Expenses | $26M |
| Selling & Marketing | $59M |
| General & Administrative | $27M |
| SG&A Expenses | $86M |
| Other Expenses | $16M |
| Operating Expenses | $128M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $23M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $21M |
| EBIT | $18M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$544.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$64.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$124M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $295M |
| Net Receivables | $152M |
| Inventory | $68M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $591M |
| PP&E (Net) | $12M |
| Goodwill | $117M |
| Intangible Assets | $560M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $725M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $309M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $358M |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $455M |
| Retained Earnings | $503M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$372.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $957M |
| Minority Interest | $0 |
| TOTAL EQUITY | $957M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $40M |
| Net Debt | -$12M |
