| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $12M | -2.8% | 3.9% |
| Op. Income | $5M | $3M | $4M | 30.3% | 17.8% |
| Gross Margin | 80.7% | 77.9% | 78.3% | 2.8pp | 2.3pp |
| Net Margin | 29.6% | 24.4% | 23.9% | 5.2pp | 5.8pp |
| EPS (Diluted) | $0.18 | $0.15 | $0.16 | 20.0% | 12.5% |
| Free Cash Flow | $3M | $177.0K | $2M | 1659.3% | 89.9% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $670.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $5M |
| Interest Income | $37.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$51.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $704.0K |
| 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 | $886.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $670.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $5M |
| Interest Income | $37.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$51.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $704.0K |
| 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 | $886.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $886.0K |
| Stock-Based Compensation | $705.0K |
| Deferred Income Tax | -$90.0K |
| Other Non-Cash Items | $637.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $799.0K |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$799.0K |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$631.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $61M |
| Net Receivables | $17M |
| Inventory | $492.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $139M |
| PP&E (Net) | $3M |
| Goodwill | $13M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $51.0K |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $179M |
| Account Payables | $298.0K |
| Short-Term Debt | $426.0K |
| Deferred Revenue | $669.0K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $132M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $94.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $165M |
| Minority Interest | $0 |
| TOTAL EQUITY | $165M |
| TOTAL LIABILITIES & EQUITY | $179M |
| Total Debt | $1M |
| Net Debt | -$57M |
