| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | $195M | $165M | -2.2% | 15.7% |
| Op. Income | $42M | $38M | $18M | 9.6% | 134.1% |
| Gross Margin | 63.5% | 62.8% | 60.0% | 0.7pp | 3.5pp |
| Net Margin | 18.3% | 17.7% | 9.5% | 0.6pp | 8.8pp |
| EPS (Diluted) | $0.53 | $0.53 | $0.24 | 0.0% | 120.8% |
| Free Cash Flow | $43M | $61M | $16M | -29.9% | 162.7% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $121M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$766.0K |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $42M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $121M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$766.0K |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $42M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $540.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $28.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $28.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$753.0K |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $280M |
| Short-Term Investments | $0 |
| Net Receivables | $72M |
| Inventory | $114M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $135M |
| Goodwill | $351M |
| Intangible Assets | $7M |
| Long-Term Investments | $38M |
| Tax Assets | $28M |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $629M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $51M |
| Short-Term Debt | -$15M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $172M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $92M |
| TOTAL NON-CURRENT LIABILITIES | $265M |
| TOTAL LIABILITIES | $393M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $492M |
| Retained Earnings | $797M |
| Treasury Stock | -$550M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $738M |
| Minority Interest | $191.0K |
| TOTAL EQUITY | $738M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $172M |
| Net Debt | -$108M |
