| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | $207M | $192M | -7.5% | -0.4% |
| Op. Income | $27M | $34M | $18M | -19.2% | 55.2% |
| Gross Margin | 46.0% | 47.4% | 42.5% | -1.5pp | 3.5pp |
| Net Margin | 11.3% | 12.0% | 10.9% | -0.7pp | 0.4pp |
| EPS (Diluted) | $0.45 | $0.51 | $0.42 | -11.8% | 7.1% |
| Free Cash Flow | $23M | $35M | $25M | -31.9% | -4.8% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $88M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $3M |
| Operating Expenses | $61M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $27M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $11M |
| EBIT | $22M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $88M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $3M |
| Operating Expenses | $61M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $27M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $11M |
| EBIT | $22M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $53.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $143M |
| Net Receivables | $176M |
| Inventory | $170M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $765M |
| PP&E (Net) | $88M |
| Goodwill | $214M |
| Intangible Assets | $140M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $463M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $52M |
| Short-Term Debt | $11M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $299M |
| Common Stock | $49M |
| Additional Paid-In Capital | $687M |
| Retained Earnings | $290M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $929M |
| Minority Interest | $0 |
| TOTAL EQUITY | $929M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $103M |
| Net Debt | -$139M |
