| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $24M | $23M | -6.3% | -3.2% |
| Op. Income | $7M | $8M | $8M | -14.6% | -8.0% |
| Gross Margin | 96.3% | 93.1% | 91.0% | 3.2pp | 5.4pp |
| Net Margin | 23.9% | 26.2% | 25.1% | -2.3pp | -1.3pp |
| EPS (Diluted) | $0.24 | $0.28 | $0.24 | -14.3% | 0.0% |
| Free Cash Flow | $7M | $7M | $10M | -1.3% | -29.9% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $820.0K |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $399.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $14M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $7M |
| Interest Income | $20M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $678.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $820.0K |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $399.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $14M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $7M |
| Interest Income | $20M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $678.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $678.0K |
| Stock-Based Compensation | $480.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$40.0K |
| Change in Working Capital | $759.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$118.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$964.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $174M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $242M |
| PP&E (Net) | $26M |
| Goodwill | $12M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.2B |
| Tax Assets | $15M |
| Other Non-Current Assets | $102M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $227.0K |
| Additional Paid-In Capital | $133M |
| Retained Earnings | $111M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $219M |
| Minority Interest | $0 |
| TOTAL EQUITY | $219M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $21M |
| Net Debt | -$39M |
