| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $44M | $36M | 12.0% | 36.5% |
| Op. Income | $13M | $9M | $10M | 51.2% | 38.1% |
| Gross Margin | 66.1% | 61.8% | 70.9% | 4.3pp | -4.8pp |
| Net Margin | 19.2% | 13.0% | 14.1% | 6.2pp | 5.1pp |
| EPS (Diluted) | $0.30 | $0.18 | $0.16 | 65.1% | 85.2% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $32M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $13M |
| Interest Income | $171.5K |
| Interest Expense | $218.4K |
| Other Income/Expenses | -$2.4K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $8M |
| EBIT | $13M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $32M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $13M |
| Interest Income | $171.5K |
| Interest Expense | $218.4K |
| Other Income/Expenses | -$2.4K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $8M |
| EBIT | $13M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $919.4K |
| Net Receivables | $20M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $87M |
| Goodwill | $11M |
| Intangible Assets | $5M |
| Long-Term Investments | $1M |
| Tax Assets | $4M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $198M |
| Account Payables | $17M |
| Short-Term Debt | $4M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $165.5K |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $429M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $86M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$212M |
| Other Equity | -$163M |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $2M |
| TOTAL EQUITY | $141M |
| TOTAL LIABILITIES & EQUITY | $198M |
| Total Debt | $11M |
| Net Debt | -$40M |
