| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $172M | $155M | 3.4% | 14.8% |
| Op. Income | $37M | $36M | $26M | 2.9% | 41.2% |
| Gross Margin | 57.4% | 57.0% | 53.2% | 0.4pp | 4.2pp |
| Net Margin | 134.4% | 18.7% | 11.0% | 115.6pp | 123.3pp |
| EPS (Diluted) | $3.36 | $0.45 | $0.24 | 646.7% | 1300.0% |
| Free Cash Flow | $52M | $34M | $36M | 54.9% | 46.2% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $102M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $372.0K |
| Other Income/Expenses | -$492.0K |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | -$203M |
| Net Income from Continuing Ops | $239M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $14M |
| EBIT | $37M |
| EBITDA | $51M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $102M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $372.0K |
| Other Income/Expenses | -$492.0K |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | -$203M |
| Net Income from Continuing Ops | $239M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $14M |
| EBIT | $37M |
| EBITDA | $51M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $239M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$203M |
| Other Non-Cash Items | -$552.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $103M |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | -$245M |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | -$231.0K |
| Common Stock Repurchased | -$68.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$299.0K |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $467M |
| Net Receivables | $102M |
| Inventory | $115M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $813M |
| PP&E (Net) | $124M |
| Goodwill | $311M |
| Intangible Assets | $51M |
| Long-Term Investments | $3M |
| Tax Assets | $237M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $759M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $566M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $632M |
| TOTAL LIABILITIES | $729M |
| Common Stock | $70.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$354M |
| Treasury Stock | -$330.0K |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $843M |
| Minority Interest | $0 |
| TOTAL EQUITY | $843M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $600M |
| Net Debt | $480M |
