| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $226M | $201M | $155M | 12.5% | 45.5% |
| Op. Income | $50M | $43M | $15M | 15.6% | 238.9% |
| Gross Margin | 54.9% | 54.5% | 48.6% | 0.3pp | 6.3pp |
| Net Margin | 20.7% | 18.2% | 12.8% | 2.5pp | 7.9pp |
| EPS (Diluted) | $0.94 | $0.73 | $0.40 | 28.8% | 135.0% |
| Free Cash Flow | $48M | $48M | $33M | -0.2% | 47.3% |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $124M |
| R&D Expenses | $25M |
| Selling & Marketing | $16M |
| General & Administrative | $20M |
| SG&A Expenses | $35M |
| Other Expenses | $14M |
| Operating Expenses | $74M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $50M |
| Interest Income | $264.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $17M |
| EBIT | $50M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $124M |
| R&D Expenses | $25M |
| Selling & Marketing | $16M |
| General & Administrative | $20M |
| SG&A Expenses | $35M |
| Other Expenses | $14M |
| Operating Expenses | $74M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $50M |
| Interest Income | $264.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $17M |
| EBIT | $50M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$863.0K |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$111M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $342M |
| Net Receivables | $177M |
| Inventory | $243M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $948M |
| PP&E (Net) | $82M |
| Goodwill | $316M |
| Intangible Assets | $277M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $702M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $53M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $155M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $224M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $169M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $18M |
| Net Debt | -$152M |
