| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $15M | $16M | -0.1% | -4.8% |
| Op. Income | $4M | $4M | $5M | 15.0% | -16.8% |
| Gross Margin | 95.2% | 97.5% | 97.8% | -2.3pp | -2.6pp |
| Net Margin | 22.5% | 19.6% | 25.6% | 2.9pp | -3.1pp |
| EPS (Diluted) | $0.61 | $0.53 | $0.71 | 15.1% | -14.1% |
| Free Cash Flow | $7M | $10M | $12M | -26.5% | -39.2% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $734.0K |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $165.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $4M |
| Interest Income | $11M |
| Interest Expense | $663.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $848.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $734.0K |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $165.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $4M |
| Interest Income | $11M |
| Interest Expense | $663.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $848.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | -$56.0K |
| Deferred Income Tax | -$10.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$662.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$151.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$199.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $54M |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $305M |
| Short-Term Investments | $408M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $739M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $885M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $924M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $12M |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $53M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $91M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $125M |
| Minority Interest | $0 |
| TOTAL EQUITY | $125M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $57M |
| Net Debt | -$249M |
