| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $177M | $147M | $110M | 20.0% | 60.0% |
| Op. Income | $36M | $24M | $14M | 51.7% | 162.2% |
| Gross Margin | 43.3% | 43.5% | 43.6% | -0.2pp | -0.3pp |
| Net Margin | 15.6% | 12.8% | 9.8% | 2.7pp | 5.8pp |
| EPS (Diluted) | $0.81 | $0.55 | $0.32 | 47.3% | 153.1% |
| Free Cash Flow | $63M | $30M | $17M | 111.1% | 280.9% |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $77M |
| R&D Expenses | $17M |
| Selling & Marketing | $11M |
| General & Administrative | $12M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $36M |
| Interest Income | $51.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $3M |
| EBIT | $36M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $77M |
| R&D Expenses | $17M |
| Selling & Marketing | $11M |
| General & Administrative | $12M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $36M |
| Interest Income | $51.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $3M |
| EBIT | $36M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $885.0K |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$200.0K |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $297.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $197M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $570M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $44M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $141M |
| TOTAL ASSETS | $711M |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $55M |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $560M |
| Retained Earnings | -$50M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $512M |
| Minority Interest | $0 |
| TOTAL EQUITY | $512M |
| TOTAL LIABILITIES & EQUITY | $711M |
| Total Debt | $48M |
| Net Debt | -$223M |
