| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $6M | 11.2% | 9.2% |
| Op. Income | $2M | $1M | $1M | 55.7% | 52.9% |
| Gross Margin | 57.6% | 54.3% | 55.8% | 3.3pp | 1.8pp |
| Net Margin | 22.3% | 43.5% | 19.8% | -21.2pp | 2.5pp |
| EPS (Diluted) | $0.09 | $0.16 | $0.07 | -43.8% | 28.6% |
| Free Cash Flow | $782.7K | $1M | $2M | -46.7% | -48.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $686.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $2M |
| Interest Income | $96 |
| Interest Expense | $0 |
| Other Income/Expenses | $24.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $355.6K |
| 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 | $97.9K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $686.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $2M |
| Interest Income | $96 |
| Interest Expense | $0 |
| Other Income/Expenses | $24.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $355.6K |
| 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 | $97.9K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $97.9K |
| Stock-Based Compensation | $46.1K |
| Deferred Income Tax | $268.1K |
| Other Non-Cash Items | $95.3K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $799.4K |
| Capital Expenditure | -$16.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $782.7K |
| Net Change in Cash | $782.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $5M |
| Other Current Assets | $514.9K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $62.5K |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $82.8K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $27M |
| Account Payables | $623.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $417.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $28.7K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $19.3K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | -$6M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $43.0K |
| Net Debt | -$8M |
