| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $264M | $182M | -8.5% | 32.7% |
| Op. Income | $66M | $72M | $44M | -8.0% | 49.5% |
| Gross Margin | 52.1% | 49.6% | 50.0% | 2.5pp | 2.1pp |
| Net Margin | 22.5% | 22.9% | 18.9% | -0.4pp | 3.7pp |
| EPS (Diluted) | $1.60 | $1.73 | $0.98 | -7.5% | 63.3% |
| Free Cash Flow | -$14M | $60M | $14M | -123.1% | -198.2% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $126M |
| R&D Expenses | $46M |
| Selling & Marketing | $8M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $1.0K |
| Operating Expenses | $60M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $66M |
| Interest Income | $260.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $426.0K |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $4M |
| EBIT | $66M |
| EBITDA | $71M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $126M |
| R&D Expenses | $46M |
| Selling & Marketing | $8M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $1.0K |
| Operating Expenses | $60M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $66M |
| Interest Income | $260.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $426.0K |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $4M |
| EBIT | $66M |
| EBITDA | $71M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.0K |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$103M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$120M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $208M |
| Inventory | $219M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $740M |
| PP&E (Net) | $131M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $158M |
| TOTAL ASSETS | $897M |
| Account Payables | $81M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $279M |
| Common Stock | $619M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $619M |
| Minority Interest | $0 |
| TOTAL EQUITY | $619M |
| TOTAL LIABILITIES & EQUITY | $897M |
| Total Debt | $0 |
| Net Debt | -$226M |
