| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $40M | $17M | 11.0% | 152.5% |
| Op. Income | $29M | $24M | $9M | 21.2% | 229.8% |
| Gross Margin | 92.4% | 92.5% | 85.7% | -0.2pp | 6.7pp |
| Net Margin | 29.2% | 38.4% | 46.9% | -9.1pp | -17.7pp |
| EPS (Diluted) | $0.10 | $0.13 | $0.09 | -23.1% | 12.4% |
| Free Cash Flow | $19M | $8M | $7M | 130.6% | 169.3% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $41M |
| R&D Expenses | $591.0K |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $29M |
| Interest Income | $84.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $522.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $41M |
| R&D Expenses | $591.0K |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $29M |
| Interest Income | $84.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $522.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $388.0K |
| Stock-Based Compensation | $701.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.0K |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $191M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $84M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $136M |
| TOTAL ASSETS | $327M |
| Account Payables | $3M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $170M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $92M |
| TOTAL NON-CURRENT LIABILITIES | $268M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $1M |
| Additional Paid-In Capital | $492M |
| Retained Earnings | -$416M |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $327M |
| Total Debt | $178M |
| Net Debt | $51M |
