| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $165M | $133M | 3.5% | 28.4% |
| Op. Income | $28M | $18M | $16M | 57.0% | 77.0% |
| Gross Margin | 60.8% | 60.0% | 58.7% | 0.7pp | 2.1pp |
| Net Margin | 13.8% | 9.5% | 7.3% | 4.3pp | 6.5pp |
| EPS (Diluted) | $0.36 | $0.24 | $0.15 | 50.0% | 140.0% |
| Free Cash Flow | $27M | $16M | $18M | 64.3% | 45.7% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $104M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $8M |
| EBIT | $28M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $104M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $8M |
| EBIT | $28M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$29.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $32.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $258M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $94M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $461M |
| PP&E (Net) | $131M |
| Goodwill | $351M |
| Intangible Assets | $10M |
| Long-Term Investments | $1M |
| Tax Assets | $25M |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $608M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $175M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $955.0K |
| Other Non-Current Liabilities | $92M |
| TOTAL NON-CURRENT LIABILITIES | $269M |
| TOTAL LIABILITIES | $365M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $477M |
| Retained Earnings | $695M |
| Treasury Stock | -$460M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $704M |
| Minority Interest | $208.0K |
| TOTAL EQUITY | $704M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $175M |
| Net Debt | -$83M |
