| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $169M | $147M | 1.4% | 16.6% |
| Op. Income | $27M | $42M | $28M | -36.0% | -3.7% |
| Gross Margin | 51.4% | 56.6% | 53.1% | -5.2pp | -1.7pp |
| Net Margin | 12.0% | 21.7% | 14.0% | -9.7pp | -2.0pp |
| EPS (Diluted) | $0.32 | $0.57 | $0.32 | -43.9% | 0.0% |
| Free Cash Flow | $38M | $59M | $37M | -34.8% | 2.8% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $88M |
| R&D Expenses | $27M |
| Selling & Marketing | $17M |
| General & Administrative | $18M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $27M |
| Interest Income | $102.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$232.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $88M |
| R&D Expenses | $27M |
| Selling & Marketing | $17M |
| General & Administrative | $18M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $27M |
| Interest Income | $102.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$232.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $449.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $264M |
| Short-Term Investments | $0 |
| Net Receivables | $127M |
| Inventory | $0 |
| Other Current Assets | $643.0K |
| TOTAL CURRENT ASSETS | $408M |
| PP&E (Net) | $41M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $131M |
| TOTAL ASSETS | $540M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $153M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $249M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $289M |
| Common Stock | $631.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $270M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $251M |
| Minority Interest | $0 |
| TOTAL EQUITY | $251M |
| TOTAL LIABILITIES & EQUITY | $540M |
| Total Debt | $23M |
| Net Debt | -$241M |
