| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $29M | $26M | 15.7% | 30.2% |
| Op. Income | -$211.0K | -$2M | -$705.0K | 88.8% | 70.1% |
| Gross Margin | 47.8% | 49.9% | 54.5% | -2.1pp | -6.7pp |
| Net Margin | -4.3% | -6.2% | -10.2% | 1.9pp | 5.9pp |
| EPS (Diluted) | $-0.01 | $-0.02 | $-0.03 | 23.3% | 53.9% |
| Free Cash Flow | $2M | $187.0K | $1M | 735.3% | 19.5% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $16M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$211.0K |
| Interest Income | $12.0K |
| Interest Expense | $611.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $67.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $3M |
| EBIT | $470.0K |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $67.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$523.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$857.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$857.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $72.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $13M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $18M |
| Goodwill | $83M |
| Intangible Assets | $29M |
| Long-Term Investments | $5M |
| Tax Assets | $1M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $140M |
| TOTAL ASSETS | $233M |
| Account Payables | $13M |
| Short-Term Debt | $8M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $739.0K |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $373.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$124M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $68.0K |
| Other Equity | $226M |
| TOTAL STOCKHOLDERS' EQUITY | $155M |
| Minority Interest | $79.0K |
| TOTAL EQUITY | $155M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $36M |
| Net Debt | -$4M |
