| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $25M | — | -3.9% | — |
| Op. Income | $6M | $4M | — | 49.4% | — |
| Gross Margin | 47.3% | 49.2% | — | -2.0pp | — |
| Net Margin | 16.4% | 2.9% | — | 13.5pp | — |
| EPS (Diluted) | $0.55 | $0.34 | — | 61.8% | — |
| Free Cash Flow | $111.0K | $5M | — | -97.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $11M |
| R&D Expenses | $386.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $5M |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $17.0K |
| Other Income/Expenses | $857.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $11M |
| R&D Expenses | $386.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $5M |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $17.0K |
| Other Income/Expenses | $857.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$57.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $111.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $32.0K |
| Net Receivables | $63M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $53M |
| Goodwill | $4M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $188M |
| Account Payables | $1M |
| Short-Term Debt | $35.0K |
| Deferred Revenue | $5M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $190.0K |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $238.0K |
| Other Non-Current Liabilities | $248.0K |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $185M |
| Retained Earnings | -$42M |
| Treasury Stock | -$675.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $142M |
| Minority Interest | -$3M |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $188M |
| Total Debt | $33M |
| Net Debt | -$10M |
