| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $7M | 8.0% | -24.4% |
| Op. Income | $918.4K | $349.6K | $1M | 162.7% | -36.9% |
| Gross Margin | 65.6% | 62.2% | 64.0% | 3.4pp | 1.7pp |
| Net Margin | 22.4% | 26.5% | 20.2% | -4.1pp | 2.2pp |
| EPS (Diluted) | $0.10 | $0.12 | $0.13 | -16.8% | -23.2% |
| Free Cash Flow | -$379.4K | $3M | $841.0K | -114.4% | -145.1% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $583.1K |
| Selling & Marketing | $11.3K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $2.1K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $918.4K |
| Interest Income | $0 |
| Interest Expense | $14.5K |
| Other Income/Expenses | $77.5K |
| INCOME BEFORE TAX | $995.9K |
| Income Tax Expense | -$132.9K |
| 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 | $1M |
| D&A | $366.2K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $583.1K |
| Selling & Marketing | $11.3K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $2.1K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $918.4K |
| Interest Income | $0 |
| Interest Expense | $14.5K |
| Other Income/Expenses | $77.5K |
| INCOME BEFORE TAX | $995.9K |
| Income Tax Expense | -$132.9K |
| 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 | $1M |
| D&A | $366.2K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $366.2K |
| Stock-Based Compensation | $174.4K |
| Deferred Income Tax | -$108.2K |
| Other Non-Cash Items | -$90.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $29.7K |
| Capital Expenditure | -$409.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.1K |
| NET CASH FROM INVESTING | -$409.1K |
| Net Debt Issuance | $401.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $401.4K |
| FREE CASH FLOW | -$379.4K |
| Net Change in Cash | $947.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $10M |
| Other Current Assets | $216.1K |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $670.1K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $40M |
| Account Payables | $970.1K |
| Short-Term Debt | $448.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $436.6K |
| Deferred Revenue NC | $203.6K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $640.2K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $10.8K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $40M |
| Total Debt | $884.5K |
| Net Debt | -$15M |
