| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $44M | — | -48.8% | — |
| Op. Income | $18M | $29M | — | -38.0% | — |
| Gross Margin | 85.7% | 78.0% | — | 7.7pp | — |
| Net Margin | 83.2% | 65.9% | — | 17.3pp | — |
| EPS (Diluted) | $0.31 | $0.56 | — | -44.0% | — |
| Free Cash Flow | $0 | $25M | — | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $19M |
| R&D Expenses | $693.0K |
| Selling & Marketing | $169.8K |
| General & Administrative | $585.9K |
| SG&A Expenses | $755.7K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $18M |
| Interest Income | $288.7K |
| Interest Expense | $3.2K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $697.4K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $19M |
| R&D Expenses | $693.0K |
| Selling & Marketing | $169.8K |
| General & Administrative | $585.9K |
| SG&A Expenses | $755.7K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $18M |
| Interest Income | $288.7K |
| Interest Expense | $3.2K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $697.4K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $281.1K |
| Other Current Assets | $65.4K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $24.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $378.5K |
| TOTAL NON-CURRENT ASSETS | $403.1K |
| TOTAL ASSETS | $3M |
| Account Payables | $3.8K |
| Short-Term Debt | $2.7K |
| Deferred Revenue | $23 |
| Other Current Liabilities | $36.1K |
| TOTAL CURRENT LIABILITIES | $45.8K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $714 |
| TOTAL LIABILITIES | $46.5K |
| Common Stock | $0 |
| Additional Paid-In Capital | $597.8K |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $160.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $3.4K |
| Net Debt | -$3M |
