| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $10M | $7M | -25.0% | 2.1% |
| Op. Income | $4M | $6M | $2M | -37.9% | 44.5% |
| Gross Margin | 99.9% | 99.9% | 99.6% | 0.0pp | 0.4pp |
| Net Margin | 69.5% | 13.7% | 28.4% | 55.8pp | 41.0pp |
| EPS (Diluted) | $0.15 | $0.04 | $0.07 | 275.0% | 114.3% |
| Free Cash Flow | $11M | $6M | $4M | 70.3% | 153.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4.0K |
| GROSS PROFIT | $7M |
| R&D Expenses | $513.0K |
| Selling & Marketing | $486.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$4.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $561.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $35.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4.0K |
| GROSS PROFIT | $7M |
| R&D Expenses | $513.0K |
| Selling & Marketing | $486.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$4.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $561.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $35.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $206.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$625.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $39.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $84M |
| Net Receivables | $13M |
| Inventory | $701.0K |
| Other Current Assets | $181.0K |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $2M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $181M |
| Account Payables | $53.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $706.0K |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $324M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$96M |
| Treasury Stock | -$86M |
| Accum. Other Comp. Income | $653.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $143M |
| Minority Interest | $0 |
| TOTAL EQUITY | $143M |
| TOTAL LIABILITIES & EQUITY | $181M |
| Total Debt | $1M |
| Net Debt | -$62M |
