| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | $6M | — | 81.6% |
| Op. Income | $2M | — | $1M | — | 50.9% |
| Gross Margin | 36.0% | — | 35.9% | — | 0.1pp |
| Net Margin | 15.2% | — | 24.9% | — | -9.7pp |
| EPS (Diluted) | $0.14 | — | $0.13 | — | 7.7% |
| Free Cash Flow | $541.4K | — | $897.0K | — | -39.6% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $4M |
| R&D Expenses | $877.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $2M |
| Interest Income | $175.5K |
| Interest Expense | $0 |
| Other Income/Expenses | -$245.1K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$42.3K |
| 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 | $365.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $4M |
| R&D Expenses | $877.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $2M |
| Interest Income | $175.5K |
| Interest Expense | $0 |
| Other Income/Expenses | -$245.1K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$42.3K |
| 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 | $365.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $365.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $804.0K |
| Change in Working Capital | -$691.3K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$852.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $943.4K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $706.7K |
| NET CASH FROM FINANCING | $706.7K |
| FREE CASH FLOW | $541.4K |
| Net Change in Cash | $94.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $484.4K |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $3M |
| Other Current Assets | $156.1K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $722.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $22M |
| Account Payables | $2M |
| Short-Term Debt | $6M |
| Deferred Revenue | $169.1K |
| Other Current Liabilities | $691.8K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $378.8K |
| TOTAL NON-CURRENT LIABILITIES | $670.9K |
| TOTAL LIABILITIES | $10M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $609.6K |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $6M |
| Net Debt | $6M |
