| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $221M | $126M | 15.0% | 101.7% |
| Op. Income | $69M | $60M | $26M | 14.0% | 166.6% |
| Gross Margin | 50.0% | 50.3% | 49.1% | -0.2pp | 1.0pp |
| Net Margin | 21.8% | 22.4% | 19.3% | -0.6pp | 2.5pp |
| EPS (Diluted) | $1.58 | $1.42 | $0.70 | 11.3% | 125.7% |
| Free Cash Flow | $21M | $55M | $28M | -61.3% | -22.6% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $127M |
| R&D Expenses | $45M |
| Selling & Marketing | $8M |
| General & Administrative | $6M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $69M |
| Interest Income | $312.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $198.0K |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $14M |
| 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 | $69M |
| EBITDA | $73M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $127M |
| R&D Expenses | $45M |
| Selling & Marketing | $8M |
| General & Administrative | $6M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $69M |
| Interest Income | $312.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $198.0K |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $14M |
| 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 | $69M |
| EBITDA | $73M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $364M |
| Short-Term Investments | $0 |
| Net Receivables | $185M |
| Inventory | $161M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $785M |
| PP&E (Net) | $110M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $137M |
| TOTAL ASSETS | $922M |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $183M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $214M |
| Common Stock | $707M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $707M |
| Minority Interest | $0 |
| TOTAL EQUITY | $707M |
| TOTAL LIABILITIES & EQUITY | $922M |
| Total Debt | $0 |
| Net Debt | -$364M |
