| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $77M | $67M | -3.8% | 10.4% |
| Op. Income | $4M | $5M | $3M | -26.3% | 35.7% |
| Gross Margin | 82.4% | 81.7% | 81.6% | 0.8pp | 0.8pp |
| Net Margin | 5.1% | -7.3% | 5.8% | 12.4pp | -0.7pp |
| EPS (Diluted) | $0.08 | $-0.12 | $0.08 | 166.7% | -2.4% |
| Free Cash Flow | -$43M | $27M | $15M | -256.2% | -387.2% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $61M |
| R&D Expenses | $20M |
| Selling & Marketing | $30M |
| General & Administrative | $7M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $4M |
| Interest Income | $804.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| 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 | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $61M |
| R&D Expenses | $20M |
| Selling & Marketing | $30M |
| General & Administrative | $7M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $4M |
| Interest Income | $804.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| 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 | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $562.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $562.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $164M |
| Net Receivables | $19M |
| Inventory | $11M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $260M |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $94M |
| Long-Term Investments | $179M |
| Tax Assets | $0 |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $358M |
| TOTAL ASSETS | $618M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $100M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $70M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $265M |
| Common Stock | $731.0K |
| Additional Paid-In Capital | $476M |
| Retained Earnings | $145M |
| Treasury Stock | -$267M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $353M |
| Minority Interest | $0 |
| TOTAL EQUITY | $353M |
| TOTAL LIABILITIES & EQUITY | $618M |
| Total Debt | $26M |
| Net Debt | -$29M |
