| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $82M | $74M | 0.2% | 10.8% |
| Op. Income | $20M | $21M | $19M | -0.8% | 5.9% |
| Gross Margin | 48.6% | 48.6% | 50.7% | -0.0pp | -2.1pp |
| Net Margin | 26.4% | 25.3% | 17.2% | 1.1pp | 9.2pp |
| EPS (Diluted) | $0.45 | $0.43 | $0.28 | 4.7% | 60.7% |
| Free Cash Flow | $0 | $0 | $20M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $40M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $20M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $29M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $40M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $20M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $29M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $252M |
| Net Receivables | $87M |
| Inventory | $66M |
| Other Current Assets | $747.0K |
| TOTAL CURRENT ASSETS | $557M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $597.0K |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $122M |
| TOTAL ASSETS | $679M |
| Account Payables | $32M |
| Short-Term Debt | $1M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $196M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $207M |
| TOTAL LIABILITIES | $295M |
| Common Stock | $175.0K |
| Additional Paid-In Capital | $187M |
| Retained Earnings | $199M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $384M |
| Minority Interest | $0 |
| TOTAL EQUITY | $384M |
| TOTAL LIABILITIES & EQUITY | $679M |
| Total Debt | $199M |
| Net Debt | $51M |
