| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $100M | $93M | 5.2% | 12.7% |
| Op. Income | $32M | $29M | $26M | 8.9% | 21.6% |
| Gross Margin | 78.6% | 78.4% | 77.8% | 0.2pp | 0.7pp |
| Net Margin | 26.5% | 21.2% | 24.4% | 5.3pp | 2.0pp |
| EPS (Diluted) | $0.70 | $0.53 | $0.56 | 32.1% | 25.0% |
| Free Cash Flow | $40M | $48M | $47M | -15.7% | -14.3% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $82M |
| R&D Expenses | $21M |
| Selling & Marketing | $19M |
| General & Administrative | $11M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $32M |
| Interest Income | $525.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $74.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $32M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $82M |
| R&D Expenses | $21M |
| Selling & Marketing | $19M |
| General & Administrative | $11M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $32M |
| Interest Income | $525.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $74.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $32M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $146M |
| Short-Term Investments | $200M |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $453M |
| PP&E (Net) | $101M |
| Goodwill | $7M |
| Intangible Assets | $8M |
| Long-Term Investments | $136M |
| Tax Assets | $31M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $303M |
| TOTAL ASSETS | $756M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $238M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $285M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $353M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $434M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $828.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $403M |
| Minority Interest | $0 |
| TOTAL EQUITY | $403M |
| TOTAL LIABILITIES & EQUITY | $756M |
| Total Debt | $49M |
| Net Debt | -$96M |
