| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $50M | $49M | 3.8% | 5.2% |
| Op. Income | $4M | $3M | -$547.0K | 12.0% | 794.0% |
| Gross Margin | 14.7% | 14.5% | 6.6% | 0.2pp | 8.1pp |
| Net Margin | 5.5% | 5.4% | -0.9% | 0.1pp | 6.4pp |
| EPS (Diluted) | $0.13 | $0.12 | $-0.02 | 8.3% | 716.1% |
| Free Cash Flow | -$8M | $11M | -$6M | -175.4% | -31.6% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $354.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $954.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $240.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $354.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $954.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $240.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $240.0K |
| Stock-Based Compensation | $27.0K |
| Deferred Income Tax | $886.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $240M |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | -$294M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $263M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$265M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $375M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $249M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $54M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $463.0K |
| Other Equity | -$117.0K |
| TOTAL STOCKHOLDERS' EQUITY | $126M |
| Minority Interest | $0 |
| TOTAL EQUITY | $126M |
| TOTAL LIABILITIES & EQUITY | $375M |
| Total Debt | $34M |
| Net Debt | $18M |
