| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $198M | $171M | 0.0% | 15.5% |
| Op. Income | $45M | $37M | $27M | 21.6% | 64.7% |
| Gross Margin | 53.8% | 50.6% | 51.4% | 3.2pp | 2.4pp |
| Net Margin | 19.1% | 15.0% | 12.0% | 4.1pp | 7.1pp |
| EPS (Diluted) | $0.60 | $0.47 | $0.32 | 27.7% | 87.5% |
| Free Cash Flow | $53M | $38M | $38M | 38.9% | 38.0% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $107M |
| R&D Expenses | $27M |
| Selling & Marketing | $17M |
| General & Administrative | $18M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $45M |
| Interest Income | $373.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $828.0K |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $2M |
| EBIT | $45M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $107M |
| R&D Expenses | $27M |
| Selling & Marketing | $17M |
| General & Administrative | $18M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $45M |
| Interest Income | $373.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $828.0K |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $2M |
| EBIT | $45M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $55M |
| 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 | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $225M |
| Short-Term Investments | $0 |
| Net Receivables | $167M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $415M |
| PP&E (Net) | $31M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $37M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $570M |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $209M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $316M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $343M |
| Common Stock | $621.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $254M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $227M |
| Minority Interest | $0 |
| TOTAL EQUITY | $227M |
| TOTAL LIABILITIES & EQUITY | $570M |
| Total Debt | $14M |
| Net Debt | -$211M |
