| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141M | $167M | $200M | -15.6% | -29.7% |
| Op. Income | $25M | $39M | $60M | -35.0% | -57.8% |
| Gross Margin | 31.0% | 34.9% | 39.4% | -3.9pp | -8.4pp |
| Net Margin | 14.8% | 18.1% | 22.2% | -3.4pp | -7.4pp |
| EPS (Diluted) | $1.17 | $1.70 | $2.50 | -31.2% | -53.2% |
| Free Cash Flow | $10M | $8M | $42M | 29.0% | -76.1% |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $25M |
| Interest Income | $190.0K |
| Interest Expense | $26.0K |
| Other Income/Expenses | $914.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| NET INCOME | $21M |
| D&A | $7M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $25M |
| Interest Income | $190.0K |
| Interest Expense | $26.0K |
| Other Income/Expenses | $914.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| NET INCOME | $21M |
| D&A | $7M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$198.0K |
| Other Non-Cash Items | -$51.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$170M |
| Sales/Maturities of Investments | $175M |
| Other Investing Activities | $16.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $165M |
| Net Receivables | $56M |
| Inventory | $57M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $334M |
| PP&E (Net) | $75M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $291.0K |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $110M |
| TOTAL ASSETS | $444M |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $118.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $24M |
| Additional Paid-In Capital | $47M |
| Retained Earnings | $461M |
| Treasury Stock | -$146M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $387M |
| Minority Interest | $0 |
| TOTAL EQUITY | $387M |
| TOTAL LIABILITIES & EQUITY | $444M |
| Total Debt | $2M |
| Net Debt | -$41M |
