| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $239M | $210M | $244M | 14.2% | -1.9% |
| Op. Income | $54M | $40M | $57M | 35.8% | -3.9% |
| Gross Margin | 70.8% | 72.6% | 71.7% | -1.8pp | -0.9pp |
| Net Margin | 23.1% | 16.2% | 21.9% | 6.9pp | 1.2pp |
| EPS (Diluted) | $0.32 | $0.19 | $0.30 | 68.4% | 6.7% |
| Free Cash Flow | $62M | $79M | $50M | -21.4% | 23.3% |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $170M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $12M |
| Operating Expenses | $115M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $5M |
| EBIT | $66M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $170M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $12M |
| Operating Expenses | $115M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $5M |
| EBIT | $66M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$127M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $219M |
| Net Receivables | $128M |
| Inventory | $122M |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $718M |
| PP&E (Net) | $117M |
| Goodwill | $243M |
| Intangible Assets | $12M |
| Long-Term Investments | $454M |
| Tax Assets | $407M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $188M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $266M |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $332M |
| TOTAL LIABILITIES | $520M |
| Common Stock | $345.0K |
| Additional Paid-In Capital | $979M |
| Retained Earnings | $528M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $40M |
| Net Debt | -$142M |
