| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $233M | $200M | $206M | 16.6% | 13.2% |
| Op. Income | $39M | $22M | $21M | 77.1% | 86.5% |
| Gross Margin | 39.7% | 39.6% | 34.6% | 0.1pp | 5.1pp |
| Net Margin | 11.9% | 8.7% | 2.7% | 3.2pp | 9.2pp |
| EPS (Diluted) | $0.29 | $0.19 | $0.06 | 52.6% | 383.3% |
| Free Cash Flow | $43M | $11M | $22M | 313.3% | 99.1% |
| Item | Amount |
|---|---|
| REVENUE | $233M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $93M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $16M |
| EBIT | $37M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $233M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $93M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $16M |
| EBIT | $37M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$800.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $800.0K |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $140M |
| Short-Term Investments | $0 |
| Net Receivables | $130M |
| Inventory | $156M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $435M |
| PP&E (Net) | $208M |
| Goodwill | $941M |
| Intangible Assets | $102M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $73M |
| Short-Term Debt | $183M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $314M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $357M |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$111M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $199M |
| Net Debt | $59M |
