| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $166M | $166M | -7.7% | -7.3% |
| Op. Income | $14M | $14M | $24M | 1.2% | -41.6% |
| Gross Margin | 39.5% | 41.1% | 45.3% | -1.6pp | -5.8pp |
| Net Margin | 7.1% | 4.2% | 12.0% | 2.9pp | -4.9pp |
| EPS (Diluted) | $1.07 | $0.68 | $1.96 | 57.4% | -45.4% |
| Free Cash Flow | -$69M | -$5M | -$16M | -1221.9% | -341.6% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $61M |
| R&D Expenses | $6M |
| Selling & Marketing | $28M |
| General & Administrative | $12M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $14M |
| Interest Income | $93.0K |
| Interest Expense | $38.0K |
| Other Income/Expenses | $829.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $61M |
| R&D Expenses | $6M |
| Selling & Marketing | $28M |
| General & Administrative | $12M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $14M |
| Interest Income | $93.0K |
| Interest Expense | $38.0K |
| Other Income/Expenses | $829.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$73.0K |
| Other Non-Cash Items | $10.0K |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | -$63M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$461.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$69M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $217M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $486M |
| PP&E (Net) | $122M |
| Goodwill | $11M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $186M |
| TOTAL ASSETS | $672M |
| Account Payables | $59M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $78M |
| TOTAL LIABILITIES | $206M |
| Common Stock | $510.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | $378M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $467M |
| Minority Interest | $0 |
| TOTAL EQUITY | $467M |
| TOTAL LIABILITIES & EQUITY | $672M |
| Total Debt | $48M |
| Net Debt | -$119M |
