| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $15M | $8M | -29.0% | 33.0% |
| Op. Income | -$2M | $704.0K | -$693.0K | -328.6% | -132.2% |
| Gross Margin | 48.2% | 51.2% | 46.1% | -3.0pp | 2.0pp |
| Net Margin | -12.2% | 5.1% | -7.7% | -17.3pp | -4.5pp |
| EPS (Diluted) | $-0.04 | $0.02 | $-0.02 | -279.0% | -94.6% |
| Free Cash Flow | -$3M | -$2M | $1M | -30.6% | -330.2% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $13.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$291.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $817.0K |
| EBIT | -$2M |
| EBITDA | -$792.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $817.0K |
| Stock-Based Compensation | $558.0K |
| Deferred Income Tax | -$291.0K |
| Other Non-Cash Items | $47.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$159.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $72.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$441.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $46.0K |
| NET CASH FROM FINANCING | -$395.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $4M |
| Net Receivables | $7M |
| Inventory | $9M |
| Other Current Assets | $400.0K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $7M |
| Goodwill | $24M |
| Intangible Assets | $12M |
| Long-Term Investments | $3M |
| Tax Assets | $8M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $87M |
| Account Payables | $2M |
| Short-Term Debt | $290.0K |
| Deferred Revenue | $10M |
| Other Current Liabilities | $146.0K |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $296.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $699.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $0 |
| Additional Paid-In Capital | $107M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$83.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65M |
| Minority Interest | $0 |
| TOTAL EQUITY | $65M |
| TOTAL LIABILITIES & EQUITY | $87M |
| Total Debt | $7M |
| Net Debt | -$3M |
