| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $67M | $40M | 4.8% | 76.4% |
| Op. Income | $20M | $17M | $6M | 18.2% | 218.7% |
| Gross Margin | 50.6% | 51.9% | 48.5% | -1.2pp | 2.1pp |
| Net Margin | 26.2% | 23.2% | 15.0% | 3.0pp | 11.1pp |
| EPS (Diluted) | $0.41 | $0.35 | $0.15 | 17.1% | 173.3% |
| Free Cash Flow | $15M | $19M | $4M | -20.0% | 251.5% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $36M |
| R&D Expenses | $6M |
| Selling & Marketing | $8M |
| General & Administrative | $2M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $20M |
| Interest Income | $349.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $349.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $704.0K |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $36M |
| R&D Expenses | $6M |
| Selling & Marketing | $8M |
| General & Administrative | $2M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $20M |
| Interest Income | $349.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $349.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $704.0K |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $704.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$586.0K |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $53.0K |
| NET CASH FROM FINANCING | $53.0K |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $87M |
| Net Receivables | $61M |
| Inventory | $57M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $328M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $590.0K |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $366M |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $172.0K |
| Additional Paid-In Capital | $175M |
| Retained Earnings | $106M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $279M |
| Minority Interest | $0 |
| TOTAL EQUITY | $279M |
| TOTAL LIABILITIES & EQUITY | $366M |
| Total Debt | $636.0K |
| Net Debt | -$117M |
