| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $9M | $11M | 10.0% | -4.8% |
| Op. Income | $852.2K | $908.0K | $976.0K | -6.1% | -12.7% |
| Gross Margin | 32.4% | 28.5% | 31.9% | 3.9pp | 0.5pp |
| Net Margin | 6.1% | 18.0% | 8.4% | -11.9pp | -2.2pp |
| EPS (Diluted) | $0.02 | $0.05 | $0.03 | -57.9% | -33.3% |
| Free Cash Flow | $989.4K | $1M | $1M | -5.7% | -9.2% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $3M |
| R&D Expenses | $23.4K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $852.2K |
| Interest Income | $0 |
| Interest Expense | $10.4K |
| Other Income/Expenses | $27.3K |
| INCOME BEFORE TAX | $879.5K |
| Income Tax Expense | $247.9K |
| Net Income from Continuing Ops | $631.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $631.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $631.5K |
| D&A | $227.4K |
| EBIT | $889.9K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $3M |
| R&D Expenses | $23.4K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $852.2K |
| Interest Income | $0 |
| Interest Expense | $10.4K |
| Other Income/Expenses | $27.3K |
| INCOME BEFORE TAX | $879.5K |
| Income Tax Expense | $247.9K |
| Net Income from Continuing Ops | $631.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $631.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $631.5K |
| D&A | $227.4K |
| EBIT | $889.9K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $631.5K |
| Depreciation & Amortization | $227.4K |
| Stock-Based Compensation | $501 |
| Deferred Income Tax | $247.9K |
| Other Non-Cash Items | -$91.0K |
| Change in Working Capital | $327.4K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$354.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$354.4K |
| Net Debt Issuance | -$46.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19.1K |
| NET CASH FROM FINANCING | -$27.6K |
| FREE CASH FLOW | $989.4K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $87.6K |
| Long-Term Investments | $0 |
| Tax Assets | $497.0K |
| Other Non-Current Assets | $20.2K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $15M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $358 |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$11M |
| Treasury Stock | -$149.5K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $2M |
| Net Debt | -$2M |
