| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $30M | $22M | 1.1% | 33.6% |
| Op. Income | -$3M | -$2M | -$4M | -21.9% | 39.1% |
| Gross Margin | 60.9% | 62.5% | 56.0% | -1.6pp | 4.9pp |
| Net Margin | -23.4% | -8.1% | -149.5% | -15.3pp | 126.1pp |
| EPS (Diluted) | $-0.19 | $-0.06 | $-0.91 | -193.7% | 79.1% |
| Free Cash Flow | -$924.0K | $2M | $9M | -138.0% | -109.9% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $18M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$3M |
| Interest Income | $292.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $2M |
| 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 | $4M |
| EBIT | -$2M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $416.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$710.0K |
| NET CASH FROM FINANCING | -$31.0K |
| FREE CASH FLOW | -$924.0K |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $113M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $41M |
| Goodwill | $14M |
| Intangible Assets | $21M |
| Long-Term Investments | $0 |
| Tax Assets | $75.0K |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $85M |
| TOTAL ASSETS | $274M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $423M |
| Retained Earnings | -$98M |
| Treasury Stock | -$105M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $220M |
| Minority Interest | $0 |
| TOTAL EQUITY | $220M |
| TOTAL LIABILITIES & EQUITY | $274M |
| Total Debt | $7M |
| Net Debt | -$21M |
