| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $153M | $147M | 1.7% | 5.4% |
| Op. Income | $26M | $24M | $14M | 10.8% | 82.4% |
| Gross Margin | 53.2% | 57.2% | 35.9% | -4.0pp | 17.3pp |
| Net Margin | 11.0% | 9.8% | 11.9% | 1.2pp | -0.8pp |
| EPS (Diluted) | $0.24 | $0.21 | $0.26 | 14.3% | -7.7% |
| Free Cash Flow | $36M | $39M | $69M | -8.9% | -48.5% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $83M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $2M |
| 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 | $17M |
| EBIT | $24M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $83M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $2M |
| 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 | $17M |
| EBIT | $24M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $320.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $194M |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | -$176M |
| Other Investing Activities | $4.0K |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$32.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $619.0K |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $188M |
| Net Receivables | $85M |
| Inventory | $83M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $522M |
| PP&E (Net) | $121M |
| Goodwill | $314M |
| Intangible Assets | $85M |
| Long-Term Investments | $15M |
| Tax Assets | $40M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $613M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $492M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $569M |
| TOTAL LIABILITIES | $662M |
| Common Stock | $69.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$802M |
| Treasury Stock | -$330.0K |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $472M |
| Minority Interest | $0 |
| TOTAL EQUITY | $472M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $529M |
| Net Debt | $372M |
