| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $105M | $88M | 4.2% | 24.5% |
| Op. Income | $28M | $26M | $19M | 6.8% | 48.7% |
| Gross Margin | 76.5% | 75.6% | 74.2% | 0.8pp | 2.3pp |
| Net Margin | 23.4% | 22.2% | 15.2% | 1.2pp | 8.2pp |
| EPS (Diluted) | $0.30 | $0.27 | $0.15 | 11.1% | 100.0% |
| Free Cash Flow | $42M | $45M | $32M | -7.4% | 30.0% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $83M |
| R&D Expenses | $16M |
| Selling & Marketing | $12M |
| General & Administrative | $11M |
| SG&A Expenses | $23M |
| Other Expenses | $15M |
| Operating Expenses | $55M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $292.0K |
| Other Income/Expenses | -$241.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $2M |
| 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 | $16M |
| EBIT | $28M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $83M |
| R&D Expenses | $16M |
| Selling & Marketing | $12M |
| General & Administrative | $11M |
| SG&A Expenses | $23M |
| Other Expenses | $15M |
| Operating Expenses | $55M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $292.0K |
| Other Income/Expenses | -$241.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $2M |
| 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 | $16M |
| EBIT | $28M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$73.0K |
| Change in Working Capital | $776.0K |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $813.0K |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $247M |
| PP&E (Net) | $22M |
| Goodwill | $616M |
| Intangible Assets | $249M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $921M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $54M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $126M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $176M |
| Common Stock | $536M |
| Additional Paid-In Capital | $471M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $991M |
| Minority Interest | $0 |
| TOTAL EQUITY | $991M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $11M |
| Net Debt | -$160M |
