| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $294M | $486M | $279M | -39.6% | 5.1% |
| Op. Income | $25M | $130M | $10M | -80.9% | 147.5% |
| Gross Margin | 50.5% | 51.8% | 52.4% | -1.3pp | -1.9pp |
| Net Margin | 8.6% | 23.5% | 3.6% | -14.9pp | 5.0pp |
| EPS (Diluted) | $0.42 | $1.91 | $0.17 | -78.0% | 147.1% |
| Free Cash Flow | $165M | $129M | $46M | 27.6% | 260.0% |
| Item | Amount |
|---|---|
| REVENUE | $294M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $148M |
| R&D Expenses | $90M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $12M |
| EBIT | $28M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $294M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $148M |
| R&D Expenses | $90M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $12M |
| EBIT | $28M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$427.0K |
| Change in Working Capital | $131M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | -$912.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $641.0K |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $165M |
| Net Change in Cash | $115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $442M |
| Short-Term Investments | $56M |
| Net Receivables | $109M |
| Inventory | $173M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $843M |
| PP&E (Net) | $288M |
| Goodwill | $288M |
| Intangible Assets | $22M |
| Long-Term Investments | $313M |
| Tax Assets | $10M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $988M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $103M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $214M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $228M |
| TOTAL LIABILITIES | $442M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $142M |
| Net Debt | -$300M |
