| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $76M | $36M | -7.2% | 97.7% |
| Op. Income | $6M | $20M | -$3M | -70.0% | 273.8% |
| Gross Margin | 64.4% | 68.8% | 52.9% | -4.4pp | 11.4pp |
| Net Margin | 8.7% | 26.2% | -10.0% | -17.5pp | 18.8pp |
| EPS (Diluted) | $0.27 | $0.90 | $-0.20 | -70.0% | 235.0% |
| Free Cash Flow | $12M | $13M | $2M | -10.2% | 552.1% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $45M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $148.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $68.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $45M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $148.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $68.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$583.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $571M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $31M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $638M |
| PP&E (Net) | $56M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $218.0K |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $698M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $679M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $654M |
| Minority Interest | $0 |
| TOTAL EQUITY | $654M |
| TOTAL LIABILITIES & EQUITY | $698M |
| Total Debt | $11M |
| Net Debt | -$560M |
