| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $39M | $36M | 18.0% | 28.1% |
| Op. Income | $2M | $2M | -$25M | -4.2% | 106.2% |
| Gross Margin | 59.5% | 62.6% | 64.6% | -3.2pp | -5.1pp |
| Net Margin | 4.3% | 3.9% | -66.8% | 0.3pp | 71.1pp |
| EPS (Diluted) | $0.06 | $0.04 | $-1.05 | 41.3% | 105.7% |
| Free Cash Flow | $7M | $10M | $13M | -33.6% | -49.7% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $28M |
| R&D Expenses | $12M |
| Selling & Marketing | $4M |
| General & Administrative | $7M |
| SG&A Expenses | $12M |
| Other Expenses | $2M |
| Operating Expenses | $26M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $2M |
| Interest Income | $14.0K |
| Interest Expense | $7.0K |
| Other Income/Expenses | $205.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$232.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $28M |
| R&D Expenses | $12M |
| Selling & Marketing | $4M |
| General & Administrative | $7M |
| SG&A Expenses | $12M |
| Other Expenses | $2M |
| Operating Expenses | $26M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $2M |
| Interest Income | $14.0K |
| Interest Expense | $7.0K |
| Other Income/Expenses | $205.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$232.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$434.0K |
| Other Non-Cash Items | $72.0K |
| Change in Working Capital | $115.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$119.0K |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | -$24.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$144.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3.0K |
| NET CASH FROM FINANCING | -$147.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $16M |
| Goodwill | $33M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $78M |
| TOTAL ASSETS | $214M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $46M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $938.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $81M |
| Common Stock | $9M |
| Additional Paid-In Capital | $50M |
| Retained Earnings | $40M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$56.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $133M |
| Minority Interest | $0 |
| TOTAL EQUITY | $133M |
| TOTAL LIABILITIES & EQUITY | $214M |
| Total Debt | $11M |
| Net Debt | -$86M |
