| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $109M | $93M | 3.2% | 20.3% |
| Op. Income | $26M | $28M | $22M | -6.7% | 19.0% |
| Gross Margin | 76.1% | 76.5% | 75.3% | -0.4pp | 0.8pp |
| Net Margin | 17.1% | 23.4% | 18.4% | -6.3pp | -1.3pp |
| EPS (Diluted) | $0.22 | $0.30 | $0.20 | -26.7% | 10.0% |
| Free Cash Flow | $45M | $42M | $36M | 5.8% | 25.2% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $85M |
| R&D Expenses | $16M |
| Selling & Marketing | $12M |
| General & Administrative | $11M |
| SG&A Expenses | $24M |
| Other Expenses | $15M |
| Operating Expenses | $55M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $282.0K |
| Other Income/Expenses | -$158.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $69.9K |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $16M |
| EBIT | $26M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $85M |
| R&D Expenses | $16M |
| Selling & Marketing | $12M |
| General & Administrative | $11M |
| SG&A Expenses | $24M |
| Other Expenses | $15M |
| Operating Expenses | $55M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $282.0K |
| Other Income/Expenses | -$158.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $69.9K |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $16M |
| EBIT | $26M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$176.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$979.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$979.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12.0K |
| NET CASH FROM FINANCING | $105.0K |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $868.0K |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $21M |
| Goodwill | $609M |
| Intangible Assets | $230M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $893M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $57M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $186M |
| Common Stock | $536M |
| Additional Paid-In Capital | $473M |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1000M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1000M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $11M |
| Net Debt | -$202M |
