| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $33M | $22M | -8.2% | 39.1% |
| Op. Income | $169.0K | -$876.0K | -$2M | 119.3% | 107.8% |
| Gross Margin | 13.2% | 8.0% | 7.1% | 5.2pp | 6.1pp |
| Net Margin | 0.4% | 14.8% | -7.0% | -14.4pp | 7.5pp |
| EPS (Diluted) | $0.05 | $1.72 | $-0.58 | -97.2% | 108.3% |
| Free Cash Flow | $962.0K | -$2M | -$1M | 154.0% | 182.4% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $4M |
| R&D Expenses | $328.0K |
| Selling & Marketing | $833.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | -$15.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $169.0K |
| Interest Income | $0 |
| Interest Expense | $98.0K |
| Other Income/Expenses | -$98.0K |
| INCOME BEFORE TAX | $71.0K |
| Income Tax Expense | -$67.0K |
| Net Income from Continuing Ops | $138.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138.0K |
| D&A | $486.0K |
| EBIT | $169.0K |
| EBITDA | $655.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $4M |
| R&D Expenses | $328.0K |
| Selling & Marketing | $833.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | -$15.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $169.0K |
| Interest Income | $0 |
| Interest Expense | $98.0K |
| Other Income/Expenses | -$98.0K |
| INCOME BEFORE TAX | $71.0K |
| Income Tax Expense | -$67.0K |
| Net Income from Continuing Ops | $138.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138.0K |
| D&A | $486.0K |
| EBIT | $169.0K |
| EBITDA | $655.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $138.0K |
| Depreciation & Amortization | $486.0K |
| Stock-Based Compensation | $48.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $120.0K |
| Change in Working Capital | $699.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$529.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | -$514.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $33.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $962.0K |
| Net Change in Cash | -$608.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $841.0K |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $21M |
| Other Current Assets | $776.0K |
| TOTAL CURRENT ASSETS | $53M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $465.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $68M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $102.0K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $61.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $18M |
| Net Debt | $18M |
