| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $65M | $63M | 8.1% | 12.8% |
| Op. Income | $12M | $10M | $8M | 15.0% | 52.1% |
| Gross Margin | 79.9% | 79.8% | 78.5% | 0.1pp | 1.4pp |
| Net Margin | 15.2% | 114.6% | 12.5% | -99.4pp | 2.7pp |
| EPS (Diluted) | $0.13 | $0.94 | $0.10 | -86.2% | 30.0% |
| Free Cash Flow | $7M | $21M | $16M | -65.9% | -54.9% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $56M |
| R&D Expenses | $13M |
| Selling & Marketing | $25M |
| General & Administrative | $6M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$253.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $864.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $56M |
| R&D Expenses | $13M |
| Selling & Marketing | $25M |
| General & Administrative | $6M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$253.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $864.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $286.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $106M |
| Net Receivables | $62M |
| Inventory | $22M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $34M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $66M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $393M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $73M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $48M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $297.0K |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $184M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $446M |
| Retained Earnings | -$177M |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | -$229.0K |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $209M |
| Minority Interest | $0 |
| TOTAL EQUITY | $209M |
| TOTAL LIABILITIES & EQUITY | $393M |
| Total Debt | $23M |
| Net Debt | -$56M |
