| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $133M | $128M | 11.4% | 15.2% |
| Op. Income | $27M | $17M | $18M | 54.1% | 46.1% |
| Gross Margin | 36.9% | 34.9% | 32.9% | 2.0pp | 4.0pp |
| Net Margin | 13.7% | 6.9% | 9.4% | 6.8pp | 4.4pp |
| EPS (Diluted) | $0.63 | $0.28 | $0.37 | 125.0% | 70.3% |
| Free Cash Flow | $16M | $19M | $18M | -14.2% | -14.0% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $54M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $27M |
| Interest Income | $180.0K |
| Interest Expense | $546.0K |
| Other Income/Expenses | -$758.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $7M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $54M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $27M |
| Interest Income | $180.0K |
| Interest Expense | $546.0K |
| Other Income/Expenses | -$758.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $7M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $76.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $95M |
| Inventory | $52M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $120M |
| Goodwill | $118M |
| Intangible Assets | $80M |
| Long-Term Investments | $262.0K |
| Tax Assets | $24M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $393M |
| TOTAL ASSETS | $685M |
| Account Payables | $60M |
| Short-Term Debt | $4M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $316M |
| Additional Paid-In Capital | $41M |
| Retained Earnings | $511M |
| Treasury Stock | -$385M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $480M |
| Minority Interest | $0 |
| TOTAL EQUITY | $480M |
| TOTAL LIABILITIES & EQUITY | $685M |
| Total Debt | $76M |
| Net Debt | -$50M |
