| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $160M | $173M | -22.1% | -27.7% |
| Op. Income | $21M | $48M | $44M | -56.8% | -52.8% |
| Gross Margin | 54.0% | 57.4% | 54.0% | -3.5pp | 0.0pp |
| Net Margin | 18.3% | 28.7% | 23.6% | -10.4pp | -5.3pp |
| EPS (Diluted) | $0.40 | $0.80 | $0.66 | -50.0% | -39.4% |
| Free Cash Flow | $18M | $44M | $30M | -58.6% | -39.3% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $67M |
| R&D Expenses | $24M |
| Selling & Marketing | $15M |
| General & Administrative | $7M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $785.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $9M |
| EBIT | $21M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $67M |
| R&D Expenses | $24M |
| Selling & Marketing | $15M |
| General & Administrative | $7M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $785.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $9M |
| EBIT | $21M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $863.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $17M |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $248M |
| Net Receivables | $21M |
| Inventory | $135M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $525M |
| PP&E (Net) | $177M |
| Goodwill | $92M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $19M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $315M |
| TOTAL ASSETS | $840M |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $763M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $755M |
| Minority Interest | $0 |
| TOTAL EQUITY | $755M |
| TOTAL LIABILITIES & EQUITY | $840M |
| Total Debt | $0 |
| Net Debt | -$105M |
