| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $221M | $182M | $137M | 21.2% | 61.6% |
| Op. Income | $60M | $44M | $30M | 36.1% | 100.5% |
| Gross Margin | 50.3% | 50.0% | 50.0% | 0.2pp | 0.3pp |
| Net Margin | 22.4% | 18.9% | 20.6% | 3.5pp | 1.8pp |
| EPS (Diluted) | $1.42 | $0.98 | $0.80 | 44.9% | 77.5% |
| Free Cash Flow | $55M | $14M | $22M | 292.4% | 155.5% |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $111M |
| R&D Expenses | $39M |
| Selling & Marketing | $7M |
| General & Administrative | $5M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $60M |
| Interest Income | $336.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $855.0K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $4M |
| EBIT | $62M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $111M |
| R&D Expenses | $39M |
| Selling & Marketing | $7M |
| General & Administrative | $5M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $60M |
| Interest Income | $336.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $855.0K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $4M |
| EBIT | $62M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $151M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $729M |
| PP&E (Net) | $107M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $130M |
| TOTAL ASSETS | $859M |
| Account Payables | $77M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $183M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $213M |
| Common Stock | $647M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $647M |
| Minority Interest | $0 |
| TOTAL EQUITY | $647M |
| TOTAL LIABILITIES & EQUITY | $859M |
| Total Debt | $0 |
| Net Debt | -$357M |
