| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $81M | $62M | 12.9% | 48.2% |
| Op. Income | $14M | $5M | -$8M | 203.9% | 284.1% |
| Gross Margin | 72.4% | 68.4% | 64.8% | 4.0pp | 7.6pp |
| Net Margin | 6.7% | 4.5% | -19.5% | 2.1pp | 26.1pp |
| EPS (Diluted) | $0.05 | $0.03 | $-0.11 | 77.0% | 148.3% |
| Free Cash Flow | $66M | $44M | $33M | 50.7% | 98.9% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $66M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $14M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $66M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $14M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$417.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$97M |
| Purchases of Investments | -$149M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $97M |
| NET CASH FROM INVESTING | -$117M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $649.0K |
| FREE CASH FLOW | $66M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $378M |
| Net Receivables | $180M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $684M |
| PP&E (Net) | $80M |
| Goodwill | $279M |
| Intangible Assets | $58M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $548M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $11M |
| Short-Term Debt | $164M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $267M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $370M |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$435M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $862M |
| Minority Interest | $0 |
| TOTAL EQUITY | $862M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $199M |
| Net Debt | $91M |
