|
SILVACO GROUP, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited, in thousands except share and per share amounts) | ||||||||
| Three Months Ended March 31, | ||||||||
| 2024 | 2023 | |||||||
| Revenue: | ||||||||
| Software license revenue | $ | 12,258 | $ | 10,665 | ||||
| Maintenance and service | 3,631 | 3,626 | ||||||
| Total revenue | 15,889 | 14,291 | ||||||
| Cost of revenue | 1,973 | 2,025 | ||||||
| Gross profit | 13,916 | 12,266 | ||||||
| Operating expenses: | ||||||||
| Research and development | 3,616 | 3,375 | ||||||
| Selling and marketing | 3,312 | 2,805 | ||||||
| General and administrative | 4,600 | 4,553 | ||||||
| Total operating expenses | 11,528 | 10,733 | ||||||
| Operating income | 2,388 | 1,533 | ||||||
| Interest and other expense, net | 205 | 331 | ||||||
| Income before income tax provision | 2,183 | 1,202 | ||||||
| Income tax provision | 805 | 388 | ||||||
| Net income | $ | 1,378 | $ | 814 | ||||
| Net income per share attributable to common stockholders: | ||||||||
| Basic and diluted | $ | 0.07 | $ | 0.04 | ||||
| Weighted average shares used in computing per share amounts: | ||||||||
| Basic and diluted | $ | 20,000 | $ | 20,000 | ||||
