| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $5M | 22.0% | 55.9% |
| Op. Income | $4M | $4M | $3M | 16.8% | 63.3% |
| Gross Margin | 75.3% | 78.4% | 81.8% | -3.1pp | -6.5pp |
| Net Margin | 50.0% | 53.5% | 52.6% | -3.4pp | -2.5pp |
| EPS (Diluted) | $0.74 | $0.65 | $0.50 | 13.8% | 48.0% |
| Free Cash Flow | $3M | $5M | $3M | -31.6% | 3.2% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $808.1K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $466.6K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $4M |
| Interest Income | $289.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $289.7K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $819.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $140.4K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $808.1K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $466.6K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $4M |
| Interest Income | $289.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $289.7K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $819.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $140.4K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $140.4K |
| Stock-Based Compensation | $7.2K |
| Deferred Income Tax | -$2.9K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$424.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$25.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25.7K |
| 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 | $9M |
| Short-Term Investments | $17M |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $957.1K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $37M |
| Tax Assets | $101.7K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $72M |
| Account Payables | $359.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $834.5K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $548.9K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $48.3K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | $0 |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $700.0K |
| Net Debt | -$8M |
