| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $52M | $49M | 5.5% | 13.5% |
| Op. Income | -$18M | -$41M | -$2M | 54.8% | -953.7% |
| Gross Margin | 22.3% | 15.9% | 21.0% | 6.4pp | 1.3pp |
| Net Margin | 35.0% | -19.4% | -2.1% | 54.4pp | 37.0pp |
| EPS (Diluted) | $0.21 | $-0.15 | $-0.02 | 240.0% | 1490.7% |
| Free Cash Flow | -$18M | -$24M | -$155.0K | 25.7% | -11501.9% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $987.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $74M |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $74.0K |
| Other Income/Expenses | $38M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $180.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $987.0K |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $987.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $180.0K |
| Other Non-Cash Items | -$38M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$13.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $8M |
| Other Current Assets | $875.0K |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $22M |
| Goodwill | $27M |
| Intangible Assets | $18M |
| Long-Term Investments | -$551.0K |
| Tax Assets | $551.0K |
| Other Non-Current Assets | $332.0K |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $207M |
| Account Payables | $13M |
| Short-Term Debt | $4M |
| Deferred Revenue | $220.0K |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $551.0K |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $176M |
| Retained Earnings | -$44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$207M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $132M |
| Minority Interest | $0 |
| TOTAL EQUITY | $132M |
| TOTAL LIABILITIES & EQUITY | $207M |
| Total Debt | $19M |
| Net Debt | -$76M |
