| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $117M | $109M | 9.2% | 16.8% |
| Op. Income | $20M | $16M | $20M | 28.4% | 1.6% |
| Gross Margin | 45.3% | 46.1% | 47.4% | -0.9pp | -2.2pp |
| Net Margin | 12.4% | 11.5% | 15.0% | 0.9pp | -2.6pp |
| EPS (Diluted) | $0.15 | $0.12 | $0.15 | 25.0% | 0.0% |
| Free Cash Flow | $15M | $3M | $18M | 344.6% | -18.1% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $58M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $20M |
| Interest Income | $43.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$109.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $20M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $58M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $20M |
| Interest Income | $43.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$109.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $20M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$640.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$749.0K |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$188M |
| Sales/Maturities of Investments | $162M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $305M |
| Net Receivables | $92M |
| Inventory | $101M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $591M |
| PP&E (Net) | $100M |
| Goodwill | $131M |
| Intangible Assets | $92M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $620.0K |
| TOTAL NON-CURRENT ASSETS | $329M |
| TOTAL ASSETS | $920M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $17M |
| Additional Paid-In Capital | $295M |
| Retained Earnings | $540M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $840M |
| Minority Interest | $0 |
| TOTAL EQUITY | $840M |
| TOTAL LIABILITIES & EQUITY | $920M |
| Total Debt | $1M |
| Net Debt | -$74M |
