| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | $127M | $109M | 0.7% | 17.4% |
| Op. Income | $22M | $20M | $19M | 7.4% | 15.1% |
| Gross Margin | 46.8% | 45.3% | 46.0% | 1.5pp | 0.8pp |
| Net Margin | 13.3% | 12.4% | 14.5% | 0.9pp | -1.2pp |
| EPS (Diluted) | $0.16 | $0.15 | $0.15 | 6.7% | 6.7% |
| Free Cash Flow | $22M | $15M | $21M | 49.6% | 4.9% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $60M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $22M |
| Interest Income | $203.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$18.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| 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 | $6M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $60M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $22M |
| Interest Income | $203.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$18.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| 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 | $6M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$137M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $330M |
| Net Receivables | $87M |
| Inventory | $102M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $609M |
| PP&E (Net) | $100M |
| Goodwill | $130M |
| Intangible Assets | $89M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | -$17M |
| TOTAL NON-CURRENT ASSETS | $323M |
| TOTAL ASSETS | $932M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $77M |
| Common Stock | $17M |
| Additional Paid-In Capital | $298M |
| Retained Earnings | $557M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $855M |
| Minority Interest | $0 |
| TOTAL EQUITY | $855M |
| TOTAL LIABILITIES & EQUITY | $932M |
| Total Debt | $0 |
| Net Debt | -$71M |
