| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $68M | $64M | 15.7% | 23.8% |
| Op. Income | $19M | $11M | $12M | 78.9% | 60.2% |
| Gross Margin | 74.1% | 72.7% | 71.9% | 1.3pp | 2.2pp |
| Net Margin | 15.7% | 10.5% | 8.0% | 5.2pp | 7.7pp |
| EPS (Diluted) | $0.38 | $0.21 | $0.17 | 81.0% | 123.5% |
| Free Cash Flow | $17M | $24M | $15M | -27.9% | 14.6% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $58M |
| R&D Expenses | $3M |
| Selling & Marketing | $25M |
| General & Administrative | $8M |
| SG&A Expenses | $32M |
| Other Expenses | $4M |
| Operating Expenses | $39M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $984.0K |
| Other Income/Expenses | -$984.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $58M |
| R&D Expenses | $3M |
| Selling & Marketing | $25M |
| General & Administrative | $8M |
| SG&A Expenses | $32M |
| Other Expenses | $4M |
| Operating Expenses | $39M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $984.0K |
| Other Income/Expenses | -$984.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $175.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$989.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $374M |
| Short-Term Investments | $20M |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $460M |
| PP&E (Net) | $42M |
| Goodwill | $193M |
| Intangible Assets | $100M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $633.0K |
| TOTAL NON-CURRENT ASSETS | $339M |
| TOTAL ASSETS | $800M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $454M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $491M |
| TOTAL LIABILITIES | $561M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $407M |
| Retained Earnings | $58M |
| Treasury Stock | -$217M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $238M |
| Minority Interest | $0 |
| TOTAL EQUITY | $238M |
| TOTAL LIABILITIES & EQUITY | $800M |
| Total Debt | $480M |
| Net Debt | $106M |
