| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $14M | $10M | -34.6% | -6.0% |
| Op. Income | $6M | $11M | $6M | -47.1% | -0.4% |
| Gross Margin | 100.0% | 100.0% | 99.9% | 0.0pp | 0.1pp |
| Net Margin | 215.0% | 55.0% | 13.7% | 160.0pp | 201.3pp |
| EPS (Diluted) | $0.60 | $0.23 | $0.04 | 160.9% | 1400.0% |
| Free Cash Flow | $8M | $14M | $6M | -40.6% | 24.4% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $9M |
| R&D Expenses | $262.0K |
| Selling & Marketing | $229.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $6M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $45.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $9M |
| R&D Expenses | $262.0K |
| Selling & Marketing | $229.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $6M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $45.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $45.0K |
| Stock-Based Compensation | $829.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$905.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$26.0K |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$229.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $101M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $100.0K |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $653.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17M |
| Tax Assets | $7M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $190M |
| Account Payables | $86.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $323M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$70M |
| Treasury Stock | -$95M |
| Accum. Other Comp. Income | $202.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $190M |
| Total Debt | $486.0K |
| Net Debt | -$48M |
