| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $64M | $63M | 14.8% | 16.3% |
| Op. Income | $3M | $964.0K | $12M | 190.5% | -76.9% |
| Gross Margin | 78.3% | 77.7% | 77.9% | 0.6pp | 0.3pp |
| Net Margin | 3.7% | 9.1% | 15.2% | -5.5pp | -11.5pp |
| EPS (Diluted) | $0.05 | $0.12 | $0.19 | -54.3% | -71.2% |
| Free Cash Flow | -$8M | -$1M | -$7M | -657.8% | -11.8% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $58M |
| R&D Expenses | $10M |
| Selling & Marketing | $26M |
| General & Administrative | $18M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $3M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| 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 | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $58M |
| R&D Expenses | $10M |
| Selling & Marketing | $26M |
| General & Administrative | $18M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $3M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| 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 | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $57.0K |
| Other Non-Cash Items | -$759.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$42.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $530.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $114M |
| Net Receivables | $69M |
| Inventory | $28M |
| Other Current Assets | $536.0K |
| TOTAL CURRENT ASSETS | $313M |
| PP&E (Net) | $85M |
| Goodwill | $2M |
| Intangible Assets | $165.0K |
| Long-Term Investments | $13M |
| Tax Assets | $5M |
| Other Non-Current Assets | $956.0K |
| TOTAL NON-CURRENT ASSETS | $106M |
| TOTAL ASSETS | $419M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $483.0K |
| Additional Paid-In Capital | $409M |
| Retained Earnings | -$70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$937.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $339M |
| Minority Interest | $0 |
| TOTAL EQUITY | $339M |
| TOTAL LIABILITIES & EQUITY | $419M |
| Total Debt | $32M |
| Net Debt | -$58M |
