| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $77M | $53M | -11.5% | 28.7% |
| Op. Income | $11M | $12M | $3M | -11.5% | 231.6% |
| Gross Margin | 72.7% | 74.3% | 69.9% | -1.5pp | 2.8pp |
| Net Margin | 10.5% | -20.7% | 3.4% | 31.2pp | 7.1pp |
| EPS (Diluted) | $0.21 | $-0.55 | $0.06 | 138.2% | 250.0% |
| Free Cash Flow | $24M | $21M | $13M | 13.0% | 90.9% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $50M |
| R&D Expenses | $3M |
| Selling & Marketing | $24M |
| General & Administrative | $8M |
| SG&A Expenses | $32M |
| Other Expenses | $4M |
| Operating Expenses | $39M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $560.0K |
| Other Income/Expenses | -$560.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $11M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $50M |
| R&D Expenses | $3M |
| Selling & Marketing | $24M |
| General & Administrative | $8M |
| SG&A Expenses | $32M |
| Other Expenses | $4M |
| Operating Expenses | $39M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $560.0K |
| Other Income/Expenses | -$560.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $11M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $794.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$323.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $375M |
| Short-Term Investments | $20M |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $452M |
| PP&E (Net) | $42M |
| Goodwill | $196M |
| Intangible Assets | $106M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $638.0K |
| TOTAL NON-CURRENT ASSETS | $347M |
| TOTAL ASSETS | $799M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $454M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $493M |
| TOTAL LIABILITIES | $558M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $398M |
| Retained Earnings | $46M |
| Treasury Stock | -$200M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $241M |
| Minority Interest | $0 |
| TOTAL EQUITY | $241M |
| TOTAL LIABILITIES & EQUITY | $799M |
| Total Debt | $481M |
| Net Debt | $106M |
