| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $20M | $19M | 2.6% | 6.4% |
| Op. Income | $2M | $2M | $3M | -3.9% | -40.7% |
| Gross Margin | 74.9% | 75.5% | 73.6% | -0.5pp | 1.3pp |
| Net Margin | 10.1% | 6.4% | 11.3% | 3.7pp | -1.2pp |
| EPS (Diluted) | $0.06 | $0.04 | $0.07 | 62.5% | -6.0% |
| Free Cash Flow | $9M | -$977.0K | $5M | 1001.4% | 62.2% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $15M |
| R&D Expenses | $5M |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $2M |
| Interest Income | $3.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $144.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$389.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $519.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $15M |
| R&D Expenses | $5M |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $2M |
| Interest Income | $3.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $144.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$389.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $519.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $519.0K |
| Stock-Based Compensation | $436.0K |
| Deferred Income Tax | -$433.0K |
| Other Non-Cash Items | $417.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$48.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$48.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $900.0K |
| NET CASH FROM FINANCING | $900.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $3M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $115M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $47M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $832.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $69M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $378M |
| Retained Earnings | -$331M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$92.0K |
| TOTAL STOCKHOLDERS' EQUITY | $46M |
| Minority Interest | $0 |
| TOTAL EQUITY | $46M |
| TOTAL LIABILITIES & EQUITY | $115M |
| Total Debt | $2M |
| Net Debt | -$61M |
