| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $335M | $316M | $311M | 6.3% | 7.8% |
| Op. Income | $48M | $41M | $31M | 17.6% | 54.8% |
| Gross Margin | 59.3% | 58.5% | 56.1% | 0.8pp | 3.2pp |
| Net Margin | 4.9% | 6.1% | 1.1% | -1.2pp | 3.9pp |
| EPS (Diluted) | $0.07 | $0.08 | $-0.01 | -12.1% | 959.0% |
| Free Cash Flow | $55M | $10M | $37M | 467.7% | 46.5% |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $199M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $151M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $18M |
| EBIT | $48M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $335M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $199M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $151M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $18M |
| EBIT | $48M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $300.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $560M |
| Short-Term Investments | $1M |
| Net Receivables | $261M |
| Inventory | $110M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $229M |
| Goodwill | $388M |
| Intangible Assets | $54M |
| Long-Term Investments | $10M |
| Tax Assets | $86M |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $823M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $58M |
| Short-Term Debt | $68M |
| Deferred Revenue | $81M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $369M |
| Long-Term Debt | $617M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $92M |
| TOTAL NON-CURRENT LIABILITIES | $787M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $70.4B |
| Retained Earnings | -$69.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$156M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $672M |
| Minority Interest | $0 |
| TOTAL EQUITY | $672M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $745M |
| Net Debt | $185M |
