| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $234M | $209M | $256M | 12.0% | -8.5% |
| Op. Income | $34M | $3M | $22M | 1172.6% | 51.6% |
| Gross Margin | 66.6% | 61.3% | 58.9% | 5.4pp | 7.7pp |
| Net Margin | 9.8% | -1.5% | 5.3% | 11.3pp | 4.5pp |
| EPS (Diluted) | $0.58 | $-0.08 | $0.29 | 868.2% | 100.0% |
| Free Cash Flow | $71M | -$227M | $9M | 131.1% | 703.1% |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $156M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $34M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $16M |
| EBIT | $34M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $156M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $34M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $16M |
| EBIT | $34M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$436M |
| Sales/Maturities of Investments | $223M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$217M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$158M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$167M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$309M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $766M |
| Short-Term Investments | $1.2B |
| Net Receivables | $79M |
| Inventory | $56M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $148M |
| Goodwill | $376M |
| Intangible Assets | $109M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $720M |
| TOTAL ASSETS | $2.8B |
| Account Payables | $64M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $160M |
| TOTAL CURRENT LIABILITIES | $246M |
| Long-Term Debt | $528M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $590M |
| TOTAL LIABILITIES | $836M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $528M |
| Net Debt | -$238M |
