| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $6M | $6M | -25.4% | -27.1% |
| Op. Income | $3M | $4M | $4M | -31.1% | -35.5% |
| Gross Margin | 81.8% | 80.7% | 82.7% | 1.1pp | -0.9pp |
| Net Margin | 52.6% | 54.7% | 57.3% | -2.2pp | -4.8pp |
| EPS (Diluted) | $0.50 | $0.69 | $0.74 | -27.5% | -32.4% |
| Free Cash Flow | $3M | $3M | $5M | -4.8% | -29.8% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $836.4K |
| GROSS PROFIT | $4M |
| R&D Expenses | $881.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $355.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $3M |
| Interest Income | $399.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $399.2K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $504.2K |
| 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 | $129.6K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $836.4K |
| GROSS PROFIT | $4M |
| R&D Expenses | $881.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $355.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $3M |
| Interest Income | $399.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $399.2K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $504.2K |
| 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 | $129.6K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $129.6K |
| Stock-Based Compensation | $2.7K |
| Deferred Income Tax | -$50.4K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $678.6K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $19M |
| Net Receivables | $2M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $45M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $79M |
| Account Payables | $180.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $189.5K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $865.5K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $48.4K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $77M |
| Minority Interest | $0 |
| TOTAL EQUITY | $77M |
| TOTAL LIABILITIES & EQUITY | $79M |
| Total Debt | $796.4K |
| Net Debt | -$6M |
