| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $27M | $40M | 53.2% | 5.7% |
| Op. Income | $11M | $6M | $12M | 78.6% | -2.7% |
| Gross Margin | 38.7% | 32.7% | 39.3% | 6.0pp | -0.6pp |
| Net Margin | 17.6% | 11.9% | 18.0% | 5.7pp | -0.4pp |
| EPS (Diluted) | $1.81 | $0.80 | $1.74 | 126.3% | 4.0% |
| Free Cash Flow | $2M | $6M | $527.0K | -67.8% | 293.7% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $424.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $313.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $11M |
| Interest Income | $62.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $313.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $424.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $313.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $11M |
| Interest Income | $62.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $313.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $313.0K |
| Stock-Based Compensation | $177.0K |
| Deferred Income Tax | -$46.0K |
| Other Non-Cash Items | $103.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$73.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$73.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $764.0K |
| Other Current Assets | $848.0K |
| TOTAL CURRENT ASSETS | $55M |
| PP&E (Net) | $9M |
| Goodwill | $95.0K |
| Intangible Assets | $826.0K |
| Long-Term Investments | $0 |
| Tax Assets | $486.0K |
| Other Non-Current Assets | $161.0K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $66M |
| Account Payables | $8M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $79M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $762.0K |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $105M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$15M |
| Treasury Stock | -$87M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$39M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$39M |
| TOTAL LIABILITIES & EQUITY | $66M |
| Total Debt | $86M |
| Net Debt | $54M |
