| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $130M | $92M | -9.5% | 28.3% |
| Op. Income | $15M | $20M | $13M | -25.7% | 13.4% |
| Gross Margin | 52.5% | 53.5% | 52.8% | -0.9pp | -0.3pp |
| Net Margin | 12.1% | 18.6% | 11.3% | -6.5pp | 0.7pp |
| EPS (Diluted) | $0.89 | $1.48 | $0.66 | -39.9% | 34.8% |
| Free Cash Flow | $3M | $7M | $12M | -53.8% | -70.6% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $18.0K |
| Other Income/Expenses | -$18.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $14M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $18.0K |
| Other Income/Expenses | -$18.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $14M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $689.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $118.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $77M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $119M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $256M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $158M |
| Common Stock | $157.0K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99M |
| Minority Interest | $0 |
| TOTAL EQUITY | $99M |
| TOTAL LIABILITIES & EQUITY | $256M |
| Total Debt | $90M |
| Net Debt | $64M |
