| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | — | $2M | — | 1565.5% |
| Op. Income | $8M | — | -$3M | — | 414.5% |
| Gross Margin | 46.4% | — | 49.3% | — | -2.9pp |
| Net Margin | 29.3% | — | -146.1% | — | 175.4pp |
| EPS (Diluted) | $0.16 | — | $-0.06 | — | 381.6% |
| Free Cash Flow | -$12M | $2M | $20M | -627.8% | -160.0% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $13M |
| R&D Expenses | $3M |
| Selling & Marketing | $742.6K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $8M |
| Interest Income | $135.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $275.1K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $128.1K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $13M |
| R&D Expenses | $3M |
| Selling & Marketing | $742.6K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $8M |
| Interest Income | $135.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $275.1K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $128.1K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $313.5K |
| Stock-Based Compensation | $341.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$83.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $558.9K |
| Net Receivables | $0 |
| Inventory | $95M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $118M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $102M |
| TOTAL CURRENT LIABILITIES | $104M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $206.2K |
| TOTAL LIABILITIES | $104M |
| Common Stock | $9.8K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$16M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$165.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $118M |
| Total Debt | $707.4K |
| Net Debt | -$7M |
