| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $72M | $71M | 7.7% | 9.9% |
| Op. Income | $16M | $16M | $12M | 3.8% | 37.3% |
| Gross Margin | 79.7% | 79.5% | 79.9% | 0.2pp | -0.2pp |
| Net Margin | 23.2% | 16.8% | 15.2% | 6.4pp | 8.0pp |
| EPS (Diluted) | $0.24 | $0.16 | $0.13 | 50.0% | 84.6% |
| Free Cash Flow | $25M | $11M | $7M | 129.7% | 248.6% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $62M |
| R&D Expenses | $17M |
| Selling & Marketing | $22M |
| General & Administrative | $6M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $16M |
| Interest Income | $568.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $105.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $2M |
| EBIT | $18M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $62M |
| R&D Expenses | $17M |
| Selling & Marketing | $22M |
| General & Administrative | $6M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $16M |
| Interest Income | $568.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $105.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $2M |
| EBIT | $18M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $708.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $83M |
| Net Receivables | $73M |
| Inventory | $20M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $257M |
| PP&E (Net) | $41M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $63M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $369M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $74M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $53M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $347.0K |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $188M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $467M |
| Retained Earnings | -$130M |
| Treasury Stock | -$135M |
| Accum. Other Comp. Income | -$726.0K |
| Other Equity | -$20M |
| TOTAL STOCKHOLDERS' EQUITY | $181M |
| Minority Interest | $0 |
| TOTAL EQUITY | $181M |
| TOTAL LIABILITIES & EQUITY | $369M |
| Total Debt | $22M |
| Net Debt | -$46M |
