| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $46M | $42M | 10.4% | 22.2% |
| Op. Income | $11M | $10M | $9M | 12.3% | 24.0% |
| Gross Margin | 28.4% | 28.9% | 28.3% | -0.5pp | 0.1pp |
| Net Margin | 17.0% | 16.5% | 16.9% | 0.5pp | 0.2pp |
| EPS (Diluted) | $0.31 | $0.27 | $0.25 | 14.8% | 24.0% |
| Free Cash Flow | $3M | $5M | $7M | -52.7% | -64.1% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $11M |
| Interest Income | $60.0K |
| Interest Expense | $63.0K |
| Other Income/Expenses | -$3.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $5M |
| EBIT | $11M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $11M |
| Interest Income | $60.0K |
| Interest Expense | $63.0K |
| Other Income/Expenses | -$3.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $5M |
| EBIT | $11M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $651.0K |
| Deferred Income Tax | $438.0K |
| Other Non-Cash Items | -$50.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $75.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$86.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $17M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $153M |
| PP&E (Net) | $172M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $442.0K |
| TOTAL NON-CURRENT ASSETS | $172M |
| TOTAL ASSETS | $325M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $669.0K |
| Additional Paid-In Capital | $32M |
| Retained Earnings | $309M |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $286M |
| Minority Interest | $0 |
| TOTAL EQUITY | $286M |
| TOTAL LIABILITIES & EQUITY | $325M |
| Total Debt | $3M |
| Net Debt | -$97M |
