| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $105M | $95M | 4.6% | 15.8% |
| Op. Income | $29M | $32M | $24M | -9.2% | 19.0% |
| Gross Margin | 78.4% | 78.6% | 77.6% | -0.2pp | 0.8pp |
| Net Margin | 19.9% | 26.5% | 25.1% | -6.6pp | -5.2pp |
| EPS (Diluted) | $0.55 | $0.70 | $0.59 | -21.4% | -6.8% |
| Free Cash Flow | $35M | $40M | $31M | -12.1% | 12.4% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $86M |
| R&D Expenses | $22M |
| Selling & Marketing | $22M |
| General & Administrative | $12M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $29M |
| Interest Income | $449.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $655.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $9M |
| EBIT | $30M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $86M |
| R&D Expenses | $22M |
| Selling & Marketing | $22M |
| General & Administrative | $12M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $29M |
| Interest Income | $449.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $655.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $9M |
| EBIT | $30M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$150.0K |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | $775.0K |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | $367.0K |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $268M |
| Net Receivables | $109M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $546M |
| PP&E (Net) | $99M |
| Goodwill | $7M |
| Intangible Assets | $7M |
| Long-Term Investments | $111M |
| Tax Assets | $25M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $268M |
| TOTAL ASSETS | $815M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $258M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $304M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $378M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $477M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $437M |
| Minority Interest | $0 |
| TOTAL EQUITY | $437M |
| TOTAL LIABILITIES & EQUITY | $815M |
| Total Debt | $49M |
| Net Debt | -$89M |
