| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $75M | $72M | -2.1% | 1.6% |
| Op. Income | $17M | $15M | $18M | 11.5% | -8.4% |
| Gross Margin | 62.1% | 63.5% | 61.9% | -1.4pp | 0.2pp |
| Net Margin | 27.8% | 22.3% | 24.6% | 5.5pp | 3.3pp |
| EPS (Diluted) | $0.11 | $0.09 | $0.10 | 16.5% | 10.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $46M |
| R&D Expenses | $7M |
| Selling & Marketing | $11M |
| General & Administrative | $10M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $17M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $616.4K |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $283.3K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $46M |
| R&D Expenses | $7M |
| Selling & Marketing | $11M |
| General & Administrative | $10M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $17M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $616.4K |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $283.3K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $436M |
| Short-Term Investments | $36M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $501M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $530M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $717.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $64M |
| Common Stock | $15.9K |
| Additional Paid-In Capital | $300M |
| Retained Earnings | $195M |
| Treasury Stock | -$27M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $467M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $466M |
| TOTAL LIABILITIES & EQUITY | $530M |
| Total Debt | $5M |
| Net Debt | -$430M |
