| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $257M | $270M | $209M | -4.6% | 23.3% |
| Op. Income | $24M | $30M | $3M | -20.3% | 812.3% |
| Gross Margin | 61.1% | 61.4% | 61.3% | -0.2pp | -0.1pp |
| Net Margin | 9.9% | 7.8% | -1.5% | 2.1pp | 11.3pp |
| EPS (Diluted) | $0.76 | $0.60 | $-0.08 | 26.7% | 1106.6% |
| Free Cash Flow | $7M | $5M | -$227M | 35.7% | 103.2% |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $157M |
| R&D Expenses | $87M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $233M |
| OPERATING INCOME | $24M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $13M |
| EBIT | $28M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $157M |
| R&D Expenses | $87M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $233M |
| OPERATING INCOME | $24M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $13M |
| EBIT | $28M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $96.0K |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$206M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $234M |
| Other Investing Activities | $206M |
| NET CASH FROM INVESTING | $200M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$202M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$655.0K |
| NET CASH FROM FINANCING | -$197M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $500M |
| Short-Term Investments | $692M |
| Net Receivables | $71M |
| Inventory | $100M |
| Other Current Assets | $98M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $152M |
| Goodwill | $376M |
| Intangible Assets | $85M |
| Long-Term Investments | $27M |
| Tax Assets | $0 |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $708M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $90M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $78M |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $530M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $579M |
| TOTAL LIABILITIES | $764M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $548M |
| Net Debt | $48M |
