| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $263M | $234M | $169M | 12.5% | 55.3% |
| Op. Income | $31M | $34M | -$11M | -6.6% | 373.2% |
| Gross Margin | 62.3% | 66.6% | 56.8% | -4.3pp | 5.5pp |
| Net Margin | 8.4% | 9.8% | 11.8% | -1.4pp | -3.3pp |
| EPS (Diluted) | $0.60 | $0.58 | $0.44 | 3.4% | 36.4% |
| Free Cash Flow | -$38M | $71M | $59M | -154.1% | -164.9% |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $164M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $31M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$28.0K |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $14M |
| EBIT | $31M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $164M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $31M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$28.0K |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $14M |
| EBIT | $31M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$197M |
| Purchases of Investments | -$119M |
| Sales/Maturities of Investments | $316M |
| Other Investing Activities | $197M |
| NET CASH FROM INVESTING | $189M |
| Net Debt Issuance | -$21.0K |
| Common Stock Repurchased | -$421M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$420M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$261M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $505M |
| Short-Term Investments | $973M |
| Net Receivables | $72M |
| Inventory | $74M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $149M |
| Goodwill | $376M |
| Intangible Assets | $100M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $709M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $95M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $126M |
| TOTAL CURRENT LIABILITIES | $232M |
| Long-Term Debt | $529M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $582M |
| TOTAL LIABILITIES | $814M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $529M |
| Net Debt | $24M |
