Reported September 30, 2021
| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $48M | $57M | 124.4% | 90.7% |
| Op. Income | $23M | $17M | $12M | 36.0% | 101.0% |
| Gross Margin | 24.7% | 50.1% | 26.0% | -25.4pp | -1.3pp |
| Net Margin | 20.1% | 53.4% | 26.8% | -33.3pp | -6.8pp |
| EPS (Diluted) | $0.21 | $0.26 | $0.25 | -18.6% | -16.0% |
| Free Cash Flow | $41M | $8M | $25M | 396.4% | 67.9% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $868.5K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$64.3K |
| Operating Expenses | $4M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $23M |
| Interest Income | $535.4K |
| Interest Expense | $710.9K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $10M |
| EBIT | $31M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $868.5K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$64.3K |
| Operating Expenses | $4M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $23M |
| Interest Income | $535.4K |
| Interest Expense | $710.9K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $10M |
| EBIT | $31M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $145.3K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $88M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $399M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $204.7K |
| Long-Term Investments | $1M |
| Tax Assets | $9M |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $320M |
| TOTAL ASSETS | $719M |
| Account Payables | $57M |
| Short-Term Debt | $66M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $107M |
| TOTAL LIABILITIES | $251M |
| Common Stock | $320M |
| Additional Paid-In Capital | -$2M |
| Retained Earnings | $22M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $137M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $468M |
| Minority Interest | $0 |
| TOTAL EQUITY | $468M |
| TOTAL LIABILITIES & EQUITY | $719M |
| Total Debt | $161M |
| Net Debt | -$79M |