| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $9M | 3.7% | 33.5% |
| Op. Income | $3M | $3M | $2M | -1.1% | 73.0% |
| Gross Margin | 76.2% | 77.9% | 76.6% | -1.7pp | -0.4pp |
| Net Margin | 20.2% | 32.8% | 15.0% | -12.6pp | 5.2pp |
| EPS (Diluted) | $0.20 | $0.31 | $0.11 | -35.5% | 81.8% |
| Free Cash Flow | $1M | $3M | $769.1K | -68.6% | 30.2% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $519.1K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$14.9K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $573.3K |
| 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 | $433.9K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $519.1K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$14.9K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $573.3K |
| 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 | $433.9K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $433.9K |
| Stock-Based Compensation | $453.4K |
| Deferred Income Tax | -$52.0K |
| Other Non-Cash Items | $11.6K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$424.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$241.3K |
| NET CASH FROM INVESTING | -$424.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $4.6K |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $500.1K |
| Net Receivables | $7M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $66M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $808.0K |
| Other Non-Current Assets | $172.3K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $72M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $245.2K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $1.3K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63M |
| Minority Interest | $0 |
| TOTAL EQUITY | $63M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $2M |
| Net Debt | -$48M |
