| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $251M | $264M | -20.0% | -24.1% |
| Op. Income | $25M | $55M | $72M | -54.7% | -65.2% |
| Gross Margin | 43.3% | 47.5% | 49.6% | -4.2pp | -6.4pp |
| Net Margin | 11.7% | 17.1% | 22.9% | -5.4pp | -11.2pp |
| EPS (Diluted) | $0.71 | $1.29 | $1.73 | -45.0% | -59.0% |
| Free Cash Flow | $32M | $34M | $60M | -5.4% | -45.9% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $87M |
| R&D Expenses | $52M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | -$10.0K |
| Operating Expenses | $62M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $25M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $87M |
| R&D Expenses | $52M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | -$10.0K |
| Operating Expenses | $62M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $25M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $849.0K |
| Change in Working Capital | -$556.0K |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $133M |
| Common Dividends Paid | -$389.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $83M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $0 |
| Net Receivables | $206M |
| Inventory | $288M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $788M |
| PP&E (Net) | $139M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $9M |
| Tax Assets | $9M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $173M |
| TOTAL ASSETS | $961M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $184M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $229M |
| Common Stock | $1M |
| Additional Paid-In Capital | $304M |
| Retained Earnings | $425M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $733M |
| Minority Interest | $0 |
| TOTAL EQUITY | $733M |
| TOTAL LIABILITIES & EQUITY | $961M |
| Total Debt | $3M |
| Net Debt | -$229M |
