| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $337M | $312M | $299M | 7.9% | 12.8% |
| Op. Income | $19M | -$7M | $16M | 384.5% | 17.1% |
| Gross Margin | 91.0% | 91.7% | 91.0% | -0.6pp | 0.1pp |
| Net Margin | 4.4% | -0.4% | 2.7% | 4.7pp | 1.7pp |
| EPS (Diluted) | $0.21 | $-0.02 | $0.11 | 1342.6% | 90.9% |
| Free Cash Flow | $40M | $67M | $10M | -39.5% | 285.7% |
| Item | Amount |
|---|---|
| REVENUE | $337M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $307M |
| R&D Expenses | $85M |
| Selling & Marketing | $139M |
| General & Administrative | $53M |
| SG&A Expenses | $193M |
| Other Expenses | $11M |
| Operating Expenses | $288M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $19M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $10M |
| 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 | $18M |
| EBIT | $19M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $337M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $307M |
| R&D Expenses | $85M |
| Selling & Marketing | $139M |
| General & Administrative | $53M |
| SG&A Expenses | $193M |
| Other Expenses | $11M |
| Operating Expenses | $288M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $19M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $10M |
| 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 | $18M |
| EBIT | $19M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $106.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $137M |
| Net Receivables | $156M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $588M |
| PP&E (Net) | $155M |
| Goodwill | $103M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $140M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $446M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $216M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $109M |
| TOTAL LIABILITIES | $325M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.0B |
| Treasury Stock | -$159.0K |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $709M |
| Minority Interest | $0 |
| TOTAL EQUITY | $709M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $106M |
| Net Debt | -$164M |
