| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $24M | $21M | 5.4% | 15.4% |
| Op. Income | -$670.0K | -$2M | $691.0K | 61.1% | -197.0% |
| Gross Margin | 74.6% | 71.9% | 75.3% | 2.7pp | -0.7pp |
| Net Margin | -0.1% | -6.6% | 2.6% | 6.5pp | -2.6pp |
| EPS (Diluted) | $-0.00 | $-0.05 | $0.02 | 99.0% | -103.0% |
| Free Cash Flow | $640.0K | $2M | $7M | -70.7% | -90.9% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $18M |
| R&D Expenses | $7M |
| Selling & Marketing | $9M |
| General & Administrative | $3M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$670.0K |
| Interest Income | $286.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $426.0K |
| Income Tax Expense | $442.0K |
| Net Income from Continuing Ops | -$16.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16.0K |
| D&A | $398.0K |
| EBIT | -$670.0K |
| EBITDA | -$272.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16.0K |
| Depreciation & Amortization | $773.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $14.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $760.0K |
| Capital Expenditure | -$120.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$120.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $30.0K |
| FREE CASH FLOW | $640.0K |
| Net Change in Cash | -$649.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $4M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $123M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $722.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $65M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $395M |
| Retained Earnings | -$334M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | -$95.0K |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $123M |
| Total Debt | $3M |
| Net Debt | -$68M |
