| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $198M | $245M | 9.8% | -11.3% |
| Op. Income | $37M | $28M | $115M | 33.3% | -67.8% |
| Gross Margin | 46.5% | 46.1% | 42.8% | 0.4pp | 3.7pp |
| Net Margin | 13.2% | 10.9% | 38.8% | 2.3pp | -25.6pp |
| EPS (Diluted) | $0.59 | $0.44 | $1.92 | 34.1% | -69.3% |
| Free Cash Flow | $41M | -$678.0K | $27M | 6110.8% | 53.0% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $101M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $8M |
| Operating Expenses | $64M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $37M |
| Interest Income | $308.0K |
| Interest Expense | $919.0K |
| Other Income/Expenses | $752.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $12M |
| EBIT | $37M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $101M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $8M |
| Operating Expenses | $64M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $37M |
| Interest Income | $308.0K |
| Interest Expense | $919.0K |
| Other Income/Expenses | $752.0K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $12M |
| EBIT | $37M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $659.0K |
| Other Non-Cash Items | $969.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $27.0K |
| NET CASH FROM INVESTING | $852.0K |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $87M |
| Net Receivables | $213M |
| Inventory | $163M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $767M |
| PP&E (Net) | $86M |
| Goodwill | $212M |
| Intangible Assets | $156M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $472M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $81M |
| Short-Term Debt | $21M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $75M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $345M |
| Common Stock | $49M |
| Additional Paid-In Capital | $678M |
| Retained Earnings | $244M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $894M |
| Minority Interest | $0 |
| TOTAL EQUITY | $894M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $117M |
| Net Debt | -$164M |
