| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $451M | $328M | $270M | 37.4% | 67.1% |
| Op. Income | $117M | $52M | $24M | 126.0% | 380.1% |
| Gross Margin | 97.1% | 96.4% | 96.7% | 0.8pp | 0.5pp |
| Net Margin | 21.1% | 11.6% | 10.5% | 9.5pp | 10.6pp |
| EPS (Diluted) | $0.29 | $0.12 | $0.09 | 141.7% | 222.2% |
| Free Cash Flow | $80M | $69M | $19M | 17.0% | 323.6% |
| Item | Amount |
|---|---|
| REVENUE | $451M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $438M |
| R&D Expenses | $222M |
| Selling & Marketing | $32M |
| General & Administrative | $68M |
| SG&A Expenses | $99M |
| Other Expenses | -$64.0K |
| Operating Expenses | $322M |
| Cost & Expenses | $334M |
| OPERATING INCOME | $117M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $2M |
| EBIT | $117M |
| EBITDA | $119M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $451M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $438M |
| R&D Expenses | $222M |
| Selling & Marketing | $32M |
| General & Administrative | $68M |
| SG&A Expenses | $99M |
| Other Expenses | -$64.0K |
| Operating Expenses | $322M |
| Cost & Expenses | $334M |
| OPERATING INCOME | $117M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $2M |
| EBIT | $117M |
| EBITDA | $119M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$280M |
| Sales/Maturities of Investments | $283M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $647M |
| Short-Term Investments | $820M |
| Net Receivables | $283M |
| Inventory | $27M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $104M |
| Goodwill | $64M |
| Intangible Assets | $0 |
| Long-Term Investments | $371M |
| Tax Assets | $112M |
| Other Non-Current Assets | $131M |
| TOTAL NON-CURRENT ASSETS | $781M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $338M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $406M |
| Common Stock | $319.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$758.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $51M |
| Net Debt | -$596M |
