| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $181M | $209M | $102M | -13.1% | 77.9% |
| Op. Income | $75M | $83M | $57M | -10.5% | 31.8% |
| Gross Margin | 76.8% | 77.4% | 78.8% | -0.6pp | -2.0pp |
| Net Margin | 31.8% | 29.5% | 65.5% | 2.3pp | -33.7pp |
| EPS (Diluted) | $0.42 | $0.44 | $0.46 | -4.5% | -8.7% |
| Free Cash Flow | $80M | $69M | $82M | 16.7% | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $139M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $5M |
| Operating Expenses | $65M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $7M |
| EBIT | $75M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $139M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $5M |
| Operating Expenses | $65M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $7M |
| EBIT | $75M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $598.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $234M |
| Short-Term Investments | $129M |
| Net Receivables | $231M |
| Inventory | $100M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $739M |
| PP&E (Net) | $76M |
| Goodwill | $409M |
| Intangible Assets | $547M |
| Long-Term Investments | $0 |
| Tax Assets | $44M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $18M |
| Short-Term Debt | $13M |
| Deferred Revenue | $3M |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $135.0K |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $143M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$922.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $170M |
| Minority Interest | $0 |
| TOTAL EQUITY | $170M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
