| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $50M | $39M | 6.4% | 38.4% |
| Op. Income | $3M | $2M | -$617.0K | 20.0% | 558.3% |
| Gross Margin | 30.3% | 32.4% | 31.8% | -2.1pp | -1.5pp |
| Net Margin | 4.9% | 3.7% | -3.0% | 1.2pp | 7.9pp |
| EPS (Diluted) | $0.20 | $0.13 | $-0.09 | 53.8% | 329.6% |
| Free Cash Flow | -$6M | -$4M | -$4M | -49.0% | -40.1% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $3M |
| Interest Income | $17.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$26.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $167.0K |
| 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 | $829.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $3M |
| Interest Income | $17.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$26.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $167.0K |
| 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 | $829.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $829.0K |
| Stock-Based Compensation | $219.0K |
| Deferred Income Tax | $35.0K |
| Other Non-Cash Items | $83.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$837.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$837.0K |
| Net Debt Issuance | -$45.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$786.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$779.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $68M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $534.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $160M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $694.0K |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $274.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $667.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | $55M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $160M |
| Total Debt | $4M |
| Net Debt | -$32M |
