| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $154M | $108M | 8.1% | 53.2% |
| Op. Income | $13M | $9M | $8M | 41.8% | 77.3% |
| Gross Margin | 22.5% | 21.8% | 29.0% | 0.7pp | -6.4pp |
| Net Margin | 4.8% | 3.8% | 6.5% | 1.0pp | -1.8pp |
| EPS (Diluted) | $0.72 | $0.53 | $0.65 | 35.8% | 10.8% |
| Free Cash Flow | -$27M | $9M | $10M | -392.0% | -379.1% |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $37M |
| R&D Expenses | $3M |
| Selling & Marketing | $8M |
| General & Administrative | $13M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $13M |
| Interest Income | $177.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $13M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $37M |
| R&D Expenses | $3M |
| Selling & Marketing | $8M |
| General & Administrative | $13M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $13M |
| Interest Income | $177.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $13M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$342.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$54.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $30M |
| Net Receivables | $112M |
| Inventory | $173M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $426M |
| PP&E (Net) | $109M |
| Goodwill | $68M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $223M |
| TOTAL ASSETS | $649M |
| Account Payables | $59M |
| Short-Term Debt | $219.0K |
| Deferred Revenue | $41M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $148M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $798.0K |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $160M |
| TOTAL LIABILITIES | $308M |
| Common Stock | $19M |
| Additional Paid-In Capital | $89M |
| Retained Earnings | $532M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $342M |
| Minority Interest | $0 |
| TOTAL EQUITY | $342M |
| TOTAL LIABILITIES & EQUITY | $649M |
| Total Debt | $137M |
| Net Debt | $52M |
