| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $32M | $31M | 4.7% | 8.6% |
| Op. Income | $4M | $5M | $6M | -27.7% | -35.4% |
| Gross Margin | 90.4% | 89.3% | 88.3% | 1.1pp | 2.1pp |
| Net Margin | 5.4% | 9.4% | 16.3% | -4.0pp | -10.9pp |
| EPS (Diluted) | $0.05 | $0.07 | $0.12 | -26.7% | -59.7% |
| Free Cash Flow | $12M | $9M | $6M | 37.6% | 84.2% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $30M |
| R&D Expenses | $8M |
| Selling & Marketing | $8M |
| General & Administrative | $6M |
| SG&A Expenses | $15M |
| Other Expenses | $3M |
| Operating Expenses | $26M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $637.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $30M |
| R&D Expenses | $8M |
| Selling & Marketing | $8M |
| General & Administrative | $6M |
| SG&A Expenses | $15M |
| Other Expenses | $3M |
| Operating Expenses | $26M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $637.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $368.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$421.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$20.0K |
| Common Stock Repurchased | -$190.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $834.0K |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $149M |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $204M |
| PP&E (Net) | $11M |
| Goodwill | $63M |
| Intangible Assets | $29M |
| Long-Term Investments | $48M |
| Tax Assets | $11M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $216M |
| TOTAL ASSETS | $420M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $955.0K |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $188M |
| TOTAL LIABILITIES | $227M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $200M |
| Retained Earnings | -$6M |
| Treasury Stock | -$140.0K |
| Accum. Other Comp. Income | -$943.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $193M |
| Minority Interest | $0 |
| TOTAL EQUITY | $193M |
| TOTAL LIABILITIES & EQUITY | $420M |
| Total Debt | $129M |
| Net Debt | $99M |
