| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $158M | $121M | $118M | 30.5% | 33.6% |
| Op. Income | $21M | $12M | $10M | 67.9% | 108.5% |
| Gross Margin | 36.3% | 34.0% | 31.2% | 2.3pp | 5.1pp |
| Net Margin | 11.2% | 8.8% | 7.6% | 2.4pp | 3.6pp |
| EPS (Diluted) | $0.44 | $0.28 | $0.31 | 57.1% | 41.9% |
| Free Cash Flow | $29M | $14M | $13M | 104.5% | 123.4% |
| Item | Amount |
|---|---|
| REVENUE | $158M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $57M |
| R&D Expenses | $9M |
| Selling & Marketing | $17M |
| General & Administrative | $7M |
| SG&A Expenses | $24M |
| Other Expenses | $4M |
| Operating Expenses | $37M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $465.0K |
| Other Income/Expenses | -$465.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $158M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $57M |
| R&D Expenses | $9M |
| Selling & Marketing | $17M |
| General & Administrative | $7M |
| SG&A Expenses | $24M |
| Other Expenses | $4M |
| Operating Expenses | $37M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $465.0K |
| Other Income/Expenses | -$465.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $4M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $616.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$132.0K |
| Acquisitions (Net) | -$35M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$157M |
| NET CASH FROM INVESTING | -$192M |
| Net Debt Issuance | -$146.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $171M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $217M |
| Net Receivables | $115M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $446M |
| PP&E (Net) | $16M |
| Goodwill | $189M |
| Intangible Assets | $57M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $79.0K |
| TOTAL NON-CURRENT ASSETS | $267M |
| TOTAL ASSETS | $713M |
| Account Payables | $108M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $246M |
| Common Stock | $375.0K |
| Additional Paid-In Capital | $496M |
| Retained Earnings | -$28M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$128.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $467M |
| Minority Interest | $0 |
| TOTAL EQUITY | $467M |
| TOTAL LIABILITIES & EQUITY | $713M |
| Total Debt | $13M |
| Net Debt | -$91M |
