| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $37M | $32M | -2.8% | 13.4% |
| Op. Income | $10M | $10M | $11M | 0.1% | -10.9% |
| Gross Margin | 70.9% | 66.5% | 72.9% | 4.4pp | -2.1pp |
| Net Margin | 14.1% | 9.6% | 16.4% | 4.5pp | -2.3pp |
| EPS (Diluted) | $0.16 | $0.17 | $0.24 | -1.1% | -32.1% |
| Free Cash Flow | $0 | $3M | $0 | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $25M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $10M |
| Interest Income | $43.0K |
| Interest Expense | $114.1K |
| Other Income/Expenses | -$612.4K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $9M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $25M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $10M |
| Interest Income | $43.0K |
| Interest Expense | $114.1K |
| Other Income/Expenses | -$612.4K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $9M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $158.4K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $53M |
| PP&E (Net) | $71M |
| Goodwill | $8M |
| Intangible Assets | $3M |
| Long-Term Investments | $1M |
| Tax Assets | $3M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $99M |
| TOTAL ASSETS | $153M |
| Account Payables | $18M |
| Short-Term Debt | $2M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $522.9K |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $585.6K |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $48M |
| Common Stock | $433M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$329M |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $1M |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $153M |
| Total Debt | $7M |
| Net Debt | -$26M |
