| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $126M | $103M | 4.8% | 28.0% |
| Op. Income | $27M | $23M | $13M | 15.9% | 110.8% |
| Gross Margin | 62.8% | 61.3% | 60.5% | 1.5pp | 2.3pp |
| Net Margin | 20.3% | 17.3% | 12.2% | 2.9pp | 8.0pp |
| EPS (Diluted) | $0.19 | $0.15 | $0.09 | 26.7% | 111.1% |
| Free Cash Flow | $43M | $38M | $29M | 11.7% | 46.4% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $83M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $769.0K |
| Operating Expenses | $56M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $661.0K |
| Other Income/Expenses | -$748.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | -$472.0K |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $8M |
| EBIT | $27M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $83M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $769.0K |
| Operating Expenses | $56M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $661.0K |
| Other Income/Expenses | -$748.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | -$472.0K |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $8M |
| EBIT | $27M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $590.0K |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $66M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $352M |
| PP&E (Net) | $62M |
| Goodwill | $268M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $563.0K |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $353M |
| TOTAL ASSETS | $705M |
| Account Payables | $36M |
| Short-Term Debt | $17M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $145M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $209M |
| TOTAL LIABILITIES | $312M |
| Common Stock | $1M |
| Additional Paid-In Capital | $712M |
| Retained Earnings | -$319M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $393M |
| Minority Interest | $0 |
| TOTAL EQUITY | $393M |
| TOTAL LIABILITIES & EQUITY | $705M |
| Total Debt | $188M |
| Net Debt | $7M |
