| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $9M | $7M | -22.8% | -3.2% |
| Op. Income | $3M | $6M | $4M | -43.6% | -9.5% |
| Gross Margin | 100.0% | 100.0% | 99.9% | 0.0pp | 0.1pp |
| Net Margin | 117.0% | 215.0% | 69.5% | -98.0pp | 47.6pp |
| EPS (Diluted) | $0.25 | $0.60 | $0.15 | -58.3% | 66.7% |
| Free Cash Flow | $4M | $8M | $11M | -56.3% | -68.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $7M |
| R&D Expenses | $130.0K |
| Selling & Marketing | $96.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $3M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $21.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $7M |
| R&D Expenses | $130.0K |
| Selling & Marketing | $96.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $3M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $21.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $21.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$56M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$751.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $121M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $55.0K |
| TOTAL CURRENT ASSETS | $159M |
| PP&E (Net) | $482.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $26M |
| Tax Assets | $7M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $197M |
| Account Payables | $22.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $345.0K |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $323M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$62M |
| Treasury Stock | -$96M |
| Accum. Other Comp. Income | $577.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $263.0K |
| Net Debt | -$27M |
