| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $38M | $35M | 1.4% | 10.1% |
| Op. Income | $13M | $13M | $10M | -2.0% | 26.4% |
| Gross Margin | 63.0% | 63.7% | 63.1% | -0.7pp | -0.1pp |
| Net Margin | 25.2% | 25.6% | 23.6% | -0.4pp | 1.5pp |
| EPS (Diluted) | $0.38 | $0.38 | $0.32 | 0.0% | 18.8% |
| Free Cash Flow | $10M | $8M | $15M | 34.3% | -29.4% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $1M |
| Operating Expenses | $11M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $13M |
| Interest Income | $4.0K |
| Interest Expense | $399.0K |
| Other Income/Expenses | -$383.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $1M |
| Operating Expenses | $11M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $13M |
| Interest Income | $4.0K |
| Interest Expense | $399.0K |
| Other Income/Expenses | -$383.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$57.0K |
| Other Non-Cash Items | $359.0K |
| Change in Working Capital | $786.0K |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$384.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $883.0K |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $13M |
| Goodwill | $62M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $14.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $158M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $72M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $174M |
| Retained Earnings | -$36M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $158M |
| Total Debt | $29M |
| Net Debt | -$26M |
