| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $8M | $2M | -26.1% | 180.6% |
| Op. Income | -$993.0K | $601.0K | -$2M | -265.2% | 54.6% |
| Gross Margin | 40.4% | 46.3% | 11.3% | -5.9pp | 29.1pp |
| Net Margin | 12.3% | 7.4% | 5.3% | 4.9pp | 7.0pp |
| EPS (Diluted) | $0.03 | $0.02 | $0.00 | 15.6% | 495.7% |
| Free Cash Flow | $2M | -$212.0K | $596.0K | 956.1% | 204.5% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$993.0K |
| Interest Income | $0 |
| Interest Expense | $9.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $719.0K |
| Income Tax Expense | $23.0K |
| Net Income from Continuing Ops | $696.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $696.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $696.0K |
| D&A | $73.0K |
| EBIT | $728.0K |
| EBITDA | $801.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $696.0K |
| Depreciation & Amortization | $73.0K |
| Stock-Based Compensation | $588.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$59.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$59.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $135.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $10M |
| Other Current Assets | $759.0K |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $80.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $109.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $24M |
| Account Payables | $3M |
| Short-Term Debt | $750.0K |
| Deferred Revenue | $155.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $150.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $245.0K |
| Additional Paid-In Capital | $90M |
| Retained Earnings | -$76M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$64.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $2M |
| Net Debt | -$5M |
