| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $151M | $134M | -12.6% | -1.3% |
| Op. Income | $36M | $37M | $37M | -3.2% | -3.7% |
| Gross Margin | 58.4% | 55.4% | 56.8% | 3.1pp | 1.6pp |
| Net Margin | 26.2% | 23.9% | 25.5% | 2.3pp | 0.7pp |
| EPS (Diluted) | $1.09 | $1.14 | $1.07 | -4.4% | 1.9% |
| Free Cash Flow | $20M | $41M | $9M | -50.7% | 121.0% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $77M |
| R&D Expenses | $23M |
| Selling & Marketing | $14M |
| General & Administrative | $5M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $36M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $4M |
| EBIT | $36M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $77M |
| R&D Expenses | $23M |
| Selling & Marketing | $14M |
| General & Administrative | $5M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $36M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $4M |
| EBIT | $36M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $35M |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$112.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$112.0K |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $293M |
| Net Receivables | $101M |
| Inventory | $137M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $649M |
| PP&E (Net) | $101M |
| Goodwill | $50M |
| Intangible Assets | $43M |
| Long-Term Investments | $161M |
| Tax Assets | $22M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $378M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $30M |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $197M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $262M |
| TOTAL LIABILITIES | $398M |
| Common Stock | $629M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $629M |
| Minority Interest | $0 |
| TOTAL EQUITY | $629M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $245M |
| Net Debt | $149M |
