| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $190M | $197M | 7.9% | 4.0% |
| Op. Income | $32M | $23M | $21M | 36.7% | 52.6% |
| Gross Margin | 43.7% | 42.2% | 39.4% | 1.5pp | 4.3pp |
| Net Margin | 12.6% | 10.8% | 9.8% | 1.8pp | 2.9pp |
| EPS (Diluted) | $0.33 | $0.26 | $0.24 | 26.9% | 37.5% |
| Free Cash Flow | $24M | $14M | $31M | 66.9% | -23.4% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $90M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $32M |
| Interest Income | $106.0K |
| Interest Expense | $155.0K |
| Other Income/Expenses | $410.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $9M |
| EBIT | $32M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $90M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $32M |
| Interest Income | $106.0K |
| Interest Expense | $155.0K |
| Other Income/Expenses | $410.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $9M |
| EBIT | $32M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $151M |
| Short-Term Investments | $125M |
| Net Receivables | $116M |
| Inventory | $112M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $524M |
| PP&E (Net) | $182M |
| Goodwill | $212M |
| Intangible Assets | $36M |
| Long-Term Investments | $2M |
| Tax Assets | $62M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $496M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $58M |
| Short-Term Debt | $9M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $78.0K |
| Additional Paid-In Capital | $899M |
| Retained Earnings | -$82M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $816M |
| Minority Interest | $0 |
| TOTAL EQUITY | $816M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $63M |
| Net Debt | -$88M |
