| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $63M | $40M | 20.2% | 88.1% |
| Op. Income | $20M | $14M | $2M | 43.4% | 873.0% |
| Gross Margin | 68.8% | 66.2% | 52.3% | 2.7pp | 16.5pp |
| Net Margin | 26.2% | 22.1% | 4.9% | 4.1pp | 21.3pp |
| EPS (Diluted) | $0.90 | $0.66 | $0.10 | 36.4% | 800.0% |
| Free Cash Flow | $13M | $14M | $5M | -1.1% | 192.0% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $52M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$310.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $52M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$310.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$493.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $340.0K |
| NET CASH FROM FINANCING | $279M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $292M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $559M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $24M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $193.0K |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $678M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $664M |
| Retained Earnings | -$31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $632M |
| Minority Interest | $0 |
| TOTAL EQUITY | $632M |
| TOTAL LIABILITIES & EQUITY | $678M |
| Total Debt | $8M |
| Net Debt | -$552M |
