| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $65M | $46M | 19.0% | 70.0% |
| Op. Income | $40M | $26M | $14M | 54.7% | 178.9% |
| Gross Margin | 58.8% | 44.1% | 42.7% | 14.7pp | 16.1pp |
| Net Margin | 15.7% | 52.7% | 21.6% | -37.0pp | -5.9pp |
| EPS (Diluted) | $0.20 | $0.58 | $0.17 | -65.5% | 17.6% |
| Free Cash Flow | -$24M | -$5M | -$17M | -408.3% | -38.1% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $624.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $3.0K |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | -$12.0K |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $8M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $624.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $3.0K |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | -$12.0K |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $8M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$758.0K |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$387.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $5M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $131M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $50M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $212M |
| TOTAL ASSETS | $309M |
| Account Payables | $11M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $154M |
| Common Stock | $7M |
| Additional Paid-In Capital | $77M |
| Retained Earnings | $115M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $155M |
| Minority Interest | $0 |
| TOTAL EQUITY | $155M |
| TOTAL LIABILITIES & EQUITY | $309M |
| Total Debt | $9M |
| Net Debt | -$15M |
