| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $160M | $184M | $177M | -12.9% | -9.4% |
| Op. Income | $48M | $60M | $46M | -19.5% | 6.1% |
| Gross Margin | 57.4% | 58.1% | 51.9% | -0.6pp | 5.5pp |
| Net Margin | 28.7% | 30.3% | 23.8% | -1.7pp | 4.9pp |
| EPS (Diluted) | $0.80 | $0.96 | $0.69 | -16.7% | 15.9% |
| Free Cash Flow | $44M | $54M | $48M | -17.3% | -7.1% |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $92M |
| R&D Expenses | $23M |
| Selling & Marketing | $15M |
| General & Administrative | $6M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $9M |
| EBIT | $48M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $92M |
| R&D Expenses | $23M |
| Selling & Marketing | $15M |
| General & Administrative | $6M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $9M |
| EBIT | $48M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $230M |
| Net Receivables | $16M |
| Inventory | $120M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $512M |
| PP&E (Net) | $181M |
| Goodwill | $92M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $24M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $326M |
| TOTAL ASSETS | $838M |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $756M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $750M |
| Minority Interest | $0 |
| TOTAL EQUITY | $750M |
| TOTAL LIABILITIES & EQUITY | $838M |
| Total Debt | $0 |
| Net Debt | -$133M |
