| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $219M | — | $193M | — | 13.0% |
| Op. Income | $105M | — | $98M | — | 6.8% |
| Gross Margin | 83.5% | — | 73.8% | — | 9.7pp |
| Net Margin | 27.4% | — | 39.8% | — | -12.5pp |
| EPS (Diluted) | $0.69 | — | $0.86 | — | -20.4% |
| Free Cash Flow | $54M | — | $105M | — | -48.6% |
| Item | Amount |
|---|---|
| REVENUE | $219M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $183M |
| R&D Expenses | $8M |
| Selling & Marketing | $42M |
| General & Administrative | $10M |
| SG&A Expenses | $52M |
| Other Expenses | $18M |
| Operating Expenses | $78M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $105M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $296.0K |
| EBIT | $64M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $219M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $183M |
| R&D Expenses | $8M |
| Selling & Marketing | $42M |
| General & Administrative | $10M |
| SG&A Expenses | $52M |
| Other Expenses | $18M |
| Operating Expenses | $78M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $105M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $296.0K |
| EBIT | $64M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $296.0K |
| Stock-Based Compensation | $312.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $803M |
| Short-Term Investments | $60M |
| Net Receivables | $428M |
| Inventory | $0 |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $6M |
| Other Non-Current Assets | $384M |
| TOTAL NON-CURRENT ASSETS | $405M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $316M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $101M |
| TOTAL LIABILITIES | $417M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $756M |
| Retained Earnings | $567M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $3M |
| Net Debt | -$800M |
