| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $229M | $221M | $177M | 3.6% | 29.7% |
| Op. Income | $53M | $54M | $36M | -1.7% | 46.2% |
| Gross Margin | 45.1% | 44.8% | 43.3% | 0.2pp | 1.8pp |
| Net Margin | 17.6% | 20.0% | 15.6% | -2.4pp | 2.0pp |
| EPS (Diluted) | $1.21 | $1.32 | $0.81 | -8.3% | 49.4% |
| Free Cash Flow | $60M | $2M | $63M | 3682.4% | -3.8% |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $103M |
| R&D Expenses | $21M |
| Selling & Marketing | $15M |
| General & Administrative | $15M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $53M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $3M |
| EBIT | $53M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $103M |
| R&D Expenses | $21M |
| Selling & Marketing | $15M |
| General & Administrative | $15M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $53M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $3M |
| EBIT | $53M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$253.0K |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $297.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $309M |
| Short-Term Investments | $34M |
| Net Receivables | $174M |
| Inventory | $227M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $775M |
| PP&E (Net) | $69M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $28M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $131M |
| TOTAL ASSETS | $906M |
| Account Payables | $54M |
| Short-Term Debt | $0 |
| Deferred Revenue | $101M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $208M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $291M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $550M |
| Retained Earnings | $71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $615M |
| Minority Interest | $0 |
| TOTAL EQUITY | $615M |
| TOTAL LIABILITIES & EQUITY | $906M |
| Total Debt | $47M |
| Net Debt | -$262M |
