| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $172M | $169M | $151M | 2.1% | 14.4% |
| Op. Income | $18M | $21M | $22M | -12.4% | -17.3% |
| Gross Margin | 52.0% | 53.1% | 50.5% | -1.2pp | 1.5pp |
| Net Margin | 103.0% | 12.1% | 13.6% | 90.9pp | 89.4pp |
| EPS (Diluted) | $2.61 | $0.30 | $0.32 | 770.0% | 715.6% |
| Free Cash Flow | $7M | $22M | $16M | -65.7% | -52.9% |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $89M |
| R&D Expenses | $26M |
| Selling & Marketing | $31M |
| General & Administrative | $15M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $86.0K |
| Other Income/Expenses | -$549.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | -$160M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $4M |
| EBIT | $18M |
| EBITDA | $22M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $89M |
| R&D Expenses | $26M |
| Selling & Marketing | $31M |
| General & Administrative | $15M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $86.0K |
| Other Income/Expenses | -$549.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | -$160M |
| Net Income from Continuing Ops | $177M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $4M |
| EBIT | $18M |
| EBITDA | $22M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $177M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$162M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$511.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $128M |
| Net Receivables | $92M |
| Inventory | $75M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $375M |
| PP&E (Net) | $32M |
| Goodwill | $116M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $162M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $321M |
| TOTAL ASSETS | $696M |
| Account Payables | $31M |
| Short-Term Debt | $4M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $160M |
| Common Stock | $2M |
| Additional Paid-In Capital | $985M |
| Retained Earnings | -$451M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$206.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $536M |
| Minority Interest | $0 |
| TOTAL EQUITY | $536M |
| TOTAL LIABILITIES & EQUITY | $696M |
| Total Debt | $19M |
| Net Debt | -$41M |
