| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $110M | $108M | 10.7% | 13.4% |
| Op. Income | $14M | $14M | $13M | 1.4% | 6.5% |
| Gross Margin | 43.4% | 43.6% | 41.1% | -0.3pp | 2.2pp |
| Net Margin | 12.0% | 9.8% | 9.0% | 2.2pp | 3.0pp |
| EPS (Diluted) | $0.43 | $0.32 | $0.29 | 34.4% | 48.3% |
| Free Cash Flow | -$8M | $17M | -$14M | -147.5% | 44.7% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $53M |
| R&D Expenses | $16M |
| Selling & Marketing | $11M |
| General & Administrative | $11M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $14M |
| Interest Income | $80.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $384.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$215.0K |
| 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 | $3M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $53M |
| R&D Expenses | $16M |
| Selling & Marketing | $11M |
| General & Administrative | $11M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $14M |
| Interest Income | $80.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $384.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$215.0K |
| 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 | $3M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$714.0K |
| Other Non-Cash Items | $792.0K |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $168.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$147.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $161M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $471M |
| PP&E (Net) | $55M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $58M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $625M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $570M |
| Retained Earnings | -$92M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $482M |
| Minority Interest | $0 |
| TOTAL EQUITY | $482M |
| TOTAL LIABILITIES & EQUITY | $625M |
| Total Debt | $48M |
| Net Debt | -$155M |
