| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $151M | $137M | 1.4% | 11.2% |
| Op. Income | $24M | $19M | $6M | 24.8% | 298.2% |
| Gross Margin | 57.2% | 55.9% | 45.8% | 1.3pp | 11.4pp |
| Net Margin | 9.8% | 9.8% | -18.2% | -0.0pp | 28.0pp |
| EPS (Diluted) | $0.21 | $0.21 | $-0.37 | 0.0% | 156.8% |
| Free Cash Flow | $39M | $24M | $30M | 67.1% | 29.1% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $87M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $482.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $17M |
| EBIT | $21M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $87M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $482.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $17M |
| EBIT | $21M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $571.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $280.0K |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$63.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$268.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $165M |
| Net Receivables | $72M |
| Inventory | $83M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $476M |
| PP&E (Net) | $119M |
| Goodwill | $314M |
| Intangible Assets | -$237M |
| Long-Term Investments | $17M |
| Tax Assets | $40M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $291M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $488M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $567M |
| TOTAL LIABILITIES | $654M |
| Common Stock | $69.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$819M |
| Treasury Stock | -$330.0K |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $446M |
| Minority Interest | $0 |
| TOTAL EQUITY | $446M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $517M |
| Net Debt | $373M |
