| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $67M | $36M | 9.0% | 99.7% |
| Op. Income | $25M | $23M | $2M | 8.9% | 1094.2% |
| Gross Margin | 89.0% | 88.0% | 78.4% | 1.0pp | 10.7pp |
| Net Margin | 36.2% | 32.2% | 4.0% | 4.0pp | 32.2pp |
| EPS (Diluted) | $0.06 | $0.06 | $0.00 | -1.9% | Infinity% |
| Free Cash Flow | $32M | $37M | $8M | -11.7% | 326.7% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $65M |
| R&D Expenses | $13M |
| Selling & Marketing | $19M |
| General & Administrative | $7M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $25M |
| Interest Income | $76.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $45.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $65M |
| R&D Expenses | $13M |
| Selling & Marketing | $19M |
| General & Administrative | $7M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $25M |
| Interest Income | $76.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $45.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $204.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$812.0K |
| Acquisitions (Net) | $771.0K |
| Purchases of Investments | -$67M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$771.0K |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $969.0K |
| NET CASH FROM FINANCING | $552M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $528M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $594M |
| Short-Term Investments | $132M |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $791M |
| PP&E (Net) | $9M |
| Goodwill | $19M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $516.0K |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $830M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $83M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $349.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $102M |
| Common Stock | $185.0K |
| Additional Paid-In Capital | $666M |
| Retained Earnings | $63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $728M |
| Minority Interest | $0 |
| TOTAL EQUITY | $728M |
| TOTAL LIABILITIES & EQUITY | $830M |
| Total Debt | $784.0K |
| Net Debt | -$594M |
