| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $8M | $5M | -15.4% | 41.5% |
| Op. Income | $456.4K | $948.8K | $503.4K | -51.9% | -9.3% |
| Gross Margin | 36.0% | 36.7% | 47.5% | -0.6pp | -11.5pp |
| Net Margin | 9.7% | 11.1% | 14.9% | -1.4pp | -5.2pp |
| EPS (Diluted) | $0.02 | $0.03 | $0.02 | -25.7% | -8.2% |
| Free Cash Flow | $14M | -$3M | $2M | 542.3% | 834.1% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $281.2K |
| Selling & Marketing | $890.6K |
| General & Administrative | $613.6K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $456.4K |
| Interest Income | $38.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$17.9K |
| INCOME BEFORE TAX | $438.5K |
| Income Tax Expense | -$187.8K |
| Net Income from Continuing Ops | $626.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $626.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $626.3K |
| D&A | $560 |
| EBIT | $456.4K |
| EBITDA | $456.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $281.2K |
| Selling & Marketing | $890.6K |
| General & Administrative | $613.6K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $456.4K |
| Interest Income | $38.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$17.9K |
| INCOME BEFORE TAX | $438.5K |
| Income Tax Expense | -$187.8K |
| Net Income from Continuing Ops | $626.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $626.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $626.3K |
| D&A | $560 |
| EBIT | $456.4K |
| EBITDA | $456.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $626.3K |
| Depreciation & Amortization | $75.8K |
| Stock-Based Compensation | $37.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$166.3K |
| NET CASH FROM FINANCING | -$166.3K |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $1M |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $224M |
| TOTAL CURRENT ASSETS | $325M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $342M |
| Account Payables | $42M |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $310M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $314M |
| Common Stock | $5.9K |
| Additional Paid-In Capital | $114M |
| Retained Earnings | -$86M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $342M |
| Total Debt | $33M |
| Net Debt | $18M |
