| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $20M | $19M | 5.9% | 12.5% |
| Op. Income | $691.0K | $2M | $2M | -54.4% | -70.6% |
| Gross Margin | 75.3% | 74.9% | 75.7% | 0.4pp | -0.4pp |
| Net Margin | 2.6% | 10.1% | 10.7% | -7.5pp | -8.2pp |
| EPS (Diluted) | $0.02 | $0.06 | $0.06 | -73.3% | -73.3% |
| Free Cash Flow | $7M | $9M | $6M | -20.1% | 24.5% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $16M |
| R&D Expenses | $6M |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $691.0K |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $12.0K |
| INCOME BEFORE TAX | $703.0K |
| Income Tax Expense | $152.0K |
| Net Income from Continuing Ops | $551.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $551.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $551.0K |
| D&A | $352.0K |
| EBIT | $691.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $16M |
| R&D Expenses | $6M |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $691.0K |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $12.0K |
| INCOME BEFORE TAX | $703.0K |
| Income Tax Expense | $152.0K |
| Net Income from Continuing Ops | $551.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $551.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $551.0K |
| D&A | $352.0K |
| EBIT | $691.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $551.0K |
| Depreciation & Amortization | $352.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$187.0K |
| Other Non-Cash Items | $194.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$131.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$131.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $411.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $832.0K |
| TOTAL CURRENT ASSETS | $85M |
| PP&E (Net) | $5M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $93.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $109M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $830.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $381M |
| Retained Earnings | -$331M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $109M |
| Total Debt | $5M |
| Net Debt | -$66M |
