| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $19M | $28M | -7.4% | -36.8% |
| Op. Income | -$7M | -$5M | -$1M | -43.5% | -372.0% |
| Gross Margin | 9.5% | 15.9% | 23.6% | -6.5pp | -14.2pp |
| Net Margin | -37.6% | -25.9% | -3.7% | -11.7pp | -33.9pp |
| EPS (Diluted) | $-0.52 | $-0.39 | $-0.08 | -33.3% | -571.8% |
| Free Cash Flow | -$8M | -$987.0K | $2M | -736.2% | -585.5% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $2M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$2M |
| Operating Expenses | $9M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$7M |
| Interest Income | $194.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $195.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $77.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $5M |
| EBIT | -$7M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $536.0K |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$927.0K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$450.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$695.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$807.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $8M |
| Net Receivables | $20M |
| Inventory | $20M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $66M |
| Goodwill | $5M |
| Intangible Assets | $7M |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $93M |
| TOTAL ASSETS | $151M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $138.0K |
| Additional Paid-In Capital | $93M |
| Retained Earnings | $66M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $135M |
| Minority Interest | $0 |
| TOTAL EQUITY | $135M |
| TOTAL LIABILITIES & EQUITY | $151M |
| Total Debt | $1M |
| Net Debt | -$6M |
