| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $71M | $49M | 4.9% | 52.6% |
| Op. Income | $19M | $20M | $8M | -4.1% | 140.7% |
| Gross Margin | 50.7% | 50.6% | 47.9% | 0.0pp | 2.7pp |
| Net Margin | 17.2% | 26.2% | 15.8% | -9.0pp | 1.4pp |
| EPS (Diluted) | $0.28 | $0.41 | $0.18 | -31.7% | 55.6% |
| Free Cash Flow | $20M | $15M | $7M | 32.8% | 177.4% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $38M |
| R&D Expenses | $7M |
| Selling & Marketing | $9M |
| General & Administrative | $2M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $19M |
| Interest Income | $119.0K |
| Other Income/Expenses | $119.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $829.0K |
| EBIT | $19M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $38M |
| R&D Expenses | $7M |
| Selling & Marketing | $9M |
| General & Administrative | $2M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $19M |
| Interest Income | $119.0K |
| Other Income/Expenses | $119.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $829.0K |
| EBIT | $19M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $942.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$91M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $195M |
| NET CASH FROM FINANCING | $195M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $156M |
| Net Receivables | $61M |
| Inventory | $59M |
| Other Current Assets | $542.0K |
| TOTAL CURRENT ASSETS | $520M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $610.0K |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $586M |
| Account Payables | $34M |
| Short-Term Debt | $1M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $202M |
| TOTAL LIABILITIES | $292M |
| Common Stock | $172.0K |
| Additional Paid-In Capital | $177M |
| Retained Earnings | $119M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $294M |
| Minority Interest | $0 |
| TOTAL EQUITY | $294M |
| TOTAL LIABILITIES & EQUITY | $586M |
| Total Debt | $198M |
| Net Debt | -$44M |
