| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $116M | $122M | -11.9% | -16.2% |
| Op. Income | $57M | $76M | $78M | -25.2% | -27.2% |
| Gross Margin | 78.8% | 84.0% | 78.4% | -5.1pp | 0.4pp |
| Net Margin | 65.5% | 187.0% | 60.1% | -121.5pp | 5.3pp |
| EPS (Diluted) | $0.46 | $1.48 | $0.50 | -68.9% | -8.0% |
| Free Cash Flow | $82M | $121M | $49M | -32.1% | 67.3% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $80M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $773.0K |
| EBIT | $57M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $80M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $773.0K |
| EBIT | $57M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$158.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$299M |
| NET CASH FROM INVESTING | -$299M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$160M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$156M |
| FREE CASH FLOW | $82M |
| Net Change in Cash | -$373M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $622M |
| Net Receivables | $91M |
| Inventory | $54M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $926M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $155M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $178M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $2M |
| Short-Term Debt | $89M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $787M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $544.0K |
| TOTAL NON-CURRENT LIABILITIES | $790M |
| TOTAL LIABILITIES | $907M |
| Common Stock | $138.0K |
| Additional Paid-In Capital | $256M |
| Retained Earnings | -$59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$620.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $197M |
| Minority Interest | $0 |
| TOTAL EQUITY | $197M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $877M |
| Net Debt | $758M |
