| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $55M | $55M | -2.8% | -2.9% |
| Op. Income | $5M | $7M | $3M | -29.9% | 31.9% |
| Gross Margin | 82.3% | 82.1% | 82.9% | 0.1pp | -0.6pp |
| Net Margin | 6.2% | 9.0% | 4.5% | -2.7pp | 1.8pp |
| EPS (Diluted) | $0.25 | $0.35 | $0.17 | -28.6% | 47.1% |
| Free Cash Flow | $87.0K | $8M | -$2M | -98.9% | 104.3% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $15M |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $3.0K |
| Other Income/Expenses | -$180.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $1M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $15M |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $3.0K |
| Other Income/Expenses | -$180.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $1M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $645.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $465.0K |
| Capital Expenditure | -$378.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$378.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $308.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $87.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $686.0K |
| Long-Term Investments | $2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $76M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $691.0K |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $130M |
| Retained Earnings | -$93M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $18M |
| Net Debt | -$2M |
