| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $204M | $197M | $188M | 3.4% | 8.4% |
| Op. Income | $33M | $34M | $20M | -4.5% | 60.4% |
| Gross Margin | 46.3% | 47.8% | 40.6% | -1.5pp | 5.7pp |
| Net Margin | 14.8% | 15.2% | 9.5% | -0.3pp | 5.3pp |
| EPS (Diluted) | $0.38 | $0.38 | $0.23 | 0.0% | 65.2% |
| Free Cash Flow | $28M | $29M | $16M | -1.4% | 76.4% |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $94M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $33M |
| Interest Income | $300.0K |
| Interest Expense | $119.0K |
| Other Income/Expenses | $732.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $10M |
| EBIT | $33M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $94M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $33M |
| Interest Income | $300.0K |
| Interest Expense | $119.0K |
| Other Income/Expenses | $732.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $10M |
| EBIT | $33M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$49M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $130M |
| Net Receivables | $108M |
| Inventory | $143M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $537M |
| PP&E (Net) | $191M |
| Goodwill | $212M |
| Intangible Assets | $31M |
| Long-Term Investments | $0 |
| Tax Assets | $65M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $505M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $61M |
| Short-Term Debt | $5M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $212M |
| Common Stock | $77.0K |
| Additional Paid-In Capital | $861M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $830M |
| Minority Interest | $0 |
| TOTAL EQUITY | $830M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $57M |
| Net Debt | -$79M |
