| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $72M | $96M | 10.6% | -17.6% |
| Op. Income | $5M | $8M | $9M | -35.4% | -42.6% |
| Gross Margin | 27.5% | 28.6% | 27.8% | -1.2pp | -0.4pp |
| Net Margin | 5.6% | 9.5% | 8.1% | -3.9pp | -2.5pp |
| EPS (Diluted) | $0.22 | $0.34 | $0.39 | -35.3% | -43.6% |
| Free Cash Flow | -$899.0K | $18M | -$11M | -105.0% | 92.1% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $8M |
| SG&A Expenses | $16M |
| Other Expenses | $647.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $5M |
| Interest Income | $85.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $369.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $647.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $8M |
| SG&A Expenses | $16M |
| Other Expenses | $647.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $5M |
| Interest Income | $85.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $369.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $647.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $647.0K |
| Stock-Based Compensation | $718.0K |
| Deferred Income Tax | -$167.0K |
| Other Non-Cash Items | $29.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$422.0K |
| Capital Expenditure | -$477.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$477.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$899.0K |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $29M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $147M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $860.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $173M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $132M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $173M |
| Total Debt | $0 |
| Net Debt | -$112M |
