| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | $253M | $241M | -21.4% | -17.5% |
| Op. Income | $29M | $61M | $59M | -52.6% | -50.6% |
| Gross Margin | 52.7% | 54.2% | 54.3% | -1.5pp | -1.6pp |
| Net Margin | 14.6% | 26.1% | 22.1% | -11.5pp | -7.5pp |
| EPS (Diluted) | $0.59 | $1.34 | $1.07 | -56.0% | -44.9% |
| Free Cash Flow | $42M | $41M | $43M | 3.3% | -1.7% |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $105M |
| R&D Expenses | $27M |
| Selling & Marketing | $16M |
| General & Administrative | $19M |
| SG&A Expenses | $35M |
| Other Expenses | $14M |
| Operating Expenses | $76M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $29M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $17M |
| EBIT | $29M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $105M |
| R&D Expenses | $27M |
| Selling & Marketing | $16M |
| General & Administrative | $19M |
| SG&A Expenses | $35M |
| Other Expenses | $14M |
| Operating Expenses | $76M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $29M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $17M |
| EBIT | $29M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$983.0K |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $110M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $353M |
| Net Receivables | $210M |
| Inventory | $338M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $98M |
| Goodwill | $316M |
| Intangible Assets | $208M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $648M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $54M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $148M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $178M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $390M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $21M |
| Net Debt | -$210M |
