| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $178M | $144M | 50.7% | 85.6% |
| Op. Income | $54M | $23M | $13M | 134.5% | 302.9% |
| Gross Margin | 45.4% | 50.0% | 48.8% | -4.7pp | -3.4pp |
| Net Margin | 18.1% | 8.9% | 9.3% | 9.2pp | 8.7pp |
| EPS (Diluted) | $0.77 | $0.25 | $0.21 | 208.0% | 266.7% |
| Free Cash Flow | $54M | $28M | $23M | 92.9% | 135.7% |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $121M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $54M |
| Interest Income | $651.0K |
| Interest Expense | $32.0K |
| Other Income/Expenses | $619.0K |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $5M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $121M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $54M |
| Interest Income | $651.0K |
| Interest Expense | $32.0K |
| Other Income/Expenses | $619.0K |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $5M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$568.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $103.0K |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $85M |
| Other Investing Activities | $121.0K |
| NET CASH FROM INVESTING | $224.0K |
| Net Debt Issuance | -$77.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $337M |
| Net Receivables | $227M |
| Inventory | $125M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $950M |
| PP&E (Net) | $84M |
| Goodwill | $57M |
| Intangible Assets | $38M |
| Long-Term Investments | $8M |
| Tax Assets | $9M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $197M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $89M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $339M |
| Common Stock | $538M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $656M |
| Treasury Stock | -$392M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $808M |
| Minority Interest | $0 |
| TOTAL EQUITY | $808M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $25M |
| Net Debt | -$215M |
