| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $290M | $253M | $251M | 14.5% | 15.5% |
| Op. Income | $28M | $10M | $22M | 177.4% | 23.3% |
| Gross Margin | 41.3% | 39.4% | 41.0% | 1.9pp | 0.3pp |
| Net Margin | 5.8% | 1.6% | 7.1% | 4.2pp | -1.3pp |
| EPS (Diluted) | $0.30 | $0.07 | $0.32 | 328.6% | -6.3% |
| Free Cash Flow | -$28M | -$10M | $16M | -167.5% | -269.4% |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $120M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $23M |
| Operating Expenses | $92M |
| Cost & Expenses | $262M |
| OPERATING INCOME | $28M |
| Interest Income | $19.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $23M |
| EBIT | $25M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $120M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $23M |
| Operating Expenses | $92M |
| Cost & Expenses | $262M |
| OPERATING INCOME | $28M |
| Interest Income | $19.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $23M |
| EBIT | $25M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$325.0K |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$209.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$490.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $448M |
| Inventory | $270M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $815M |
| PP&E (Net) | $194M |
| Goodwill | $938M |
| Intangible Assets | $352M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $99M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $452M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $573M |
| TOTAL LIABILITIES | $767M |
| Common Stock | $557.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $386M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $521M |
| Net Debt | $456M |
