| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278M | $253M | $216M | 9.7% | 29.0% |
| Op. Income | $18M | $12M | -$8M | 56.0% | 315.1% |
| Gross Margin | 56.8% | 57.6% | 54.5% | -0.8pp | 2.3pp |
| Net Margin | 3.7% | 1.4% | -9.8% | 2.3pp | 13.6pp |
| EPS (Diluted) | $0.08 | $0.03 | $-0.18 | 166.7% | 144.4% |
| Free Cash Flow | $52M | $20M | $6M | 155.2% | 743.7% |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $158M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $140M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $18M |
| Interest Income | $71.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $19M |
| EBIT | $18M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $158M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $140M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $18M |
| Interest Income | $71.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $19M |
| EBIT | $18M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $156M |
| Inventory | $33M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $488M |
| PP&E (Net) | $92M |
| Goodwill | $331M |
| Intangible Assets | $36M |
| Long-Term Investments | -$4M |
| Tax Assets | $4M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $522M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $60M |
| Short-Term Debt | $42M |
| Deferred Revenue | $212M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $456M |
| Long-Term Debt | $316M |
| Deferred Revenue NC | $133M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $500M |
| TOTAL LIABILITIES | $956M |
| Common Stock | $133.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$978M |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $0 |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $410M |
| Net Debt | $163M |
