| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $98M | $69M | 15.3% | 62.2% |
| Op. Income | $36M | $27M | $16M | 30.6% | 128.8% |
| Gross Margin | 57.9% | 57.2% | 57.1% | 0.6pp | 0.8pp |
| Net Margin | 26.9% | 23.5% | 20.0% | 3.5pp | 6.9pp |
| EPS (Diluted) | $1.02 | $0.77 | $0.48 | 32.5% | 112.5% |
| Free Cash Flow | $52M | $25M | $19M | 109.4% | 172.6% |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $65M |
| R&D Expenses | $16M |
| Selling & Marketing | $9M |
| General & Administrative | $4M |
| SG&A Expenses | $13M |
| Other Expenses | $574.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $889.0K |
| Other Income/Expenses | -$889.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $2M |
| EBIT | $36M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $65M |
| R&D Expenses | $16M |
| Selling & Marketing | $9M |
| General & Administrative | $4M |
| SG&A Expenses | $13M |
| Other Expenses | $574.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $889.0K |
| Other Income/Expenses | -$889.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $2M |
| EBIT | $36M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$545.8K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$773.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$119M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$118M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11.1K |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $338M |
| Net Receivables | $65M |
| Inventory | $73M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $558M |
| PP&E (Net) | $61M |
| Goodwill | $20M |
| Intangible Assets | $3M |
| Long-Term Investments | $124M |
| Tax Assets | $5M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $218M |
| TOTAL ASSETS | $776M |
| Account Payables | $29M |
| Short-Term Debt | $182M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $283M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $327M |
| Common Stock | $449M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $449M |
| Minority Interest | $0 |
| TOTAL EQUITY | $449M |
| TOTAL LIABILITIES & EQUITY | $776M |
| Total Debt | $217M |
| Net Debt | $145M |
