| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $29M | $31M | -1.2% | -6.0% |
| Op. Income | $735.0K | $1M | $663.0K | -36.0% | 10.9% |
| Gross Margin | 37.4% | 37.3% | 35.1% | 0.1pp | 2.3pp |
| Net Margin | 2.0% | 2.8% | 1.4% | -0.8pp | 0.6pp |
| EPS (Diluted) | $0.08 | $0.12 | $0.06 | -33.3% | 33.3% |
| Free Cash Flow | $3M | $3M | $3M | -0.8% | 20.4% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $735.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$369.0K |
| INCOME BEFORE TAX | $366.0K |
| Income Tax Expense | -$227.0K |
| Net Income from Continuing Ops | $593.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $593.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $593.0K |
| D&A | $1M |
| EBIT | $735.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $735.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$369.0K |
| INCOME BEFORE TAX | $366.0K |
| Income Tax Expense | -$227.0K |
| Net Income from Continuing Ops | $593.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $593.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $593.0K |
| D&A | $1M |
| EBIT | $735.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $593.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $478.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$544.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$544.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$690.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$25.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $29M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $58M |
| PP&E (Net) | $13M |
| Goodwill | $13M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $112M |
| Account Payables | $6M |
| Short-Term Debt | $813.0K |
| Deferred Revenue | $330.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $402.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $524.0K |
| Additional Paid-In Capital | $59M |
| Retained Earnings | $51M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | -$449.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | $0 |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $112M |
| Total Debt | $15M |
| Net Debt | $4M |
