| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $14.73M | $13.17M | $13.24M | $12.41M | $13.13M |
| Cost of Revenue | $3.13M | $2.79M | $3.01M | $2.93M | $729.00K |
| Gross Profit | $11.60M | $10.39M | $10.24M | $9.47M | $12.40M |
| Gross Margin % | 78.76% | 78.86% | 77.29% | 76.35% | 94.45% |
| Operating Expenses | |||||
| R&D Expenses | $2.84M | $3.34M | $2.21M | $2.12M | $2.58M |
| SG&A Expenses | $6.94M | $6.44M | $5.75M | $5.75M | $5.21M |
| Other Operating Expenses | $0.00 | $0.00 | $0.00 | $42.00K | - |
| Total Operating Expenses | $9.77M | $9.78M | $7.96M | $7.87M | $7.79M |
| Operating Performance | |||||
| Operating Income | $1.83M | $608.00K | $2.27M | $1.60M | $4.61M |
| Operating Margin % | 12.42% | 4.62% | 17.17% | 12.89% | 35.13% |
| EBITDA | $2.63M | $1.57M | $4.13M | $2.61M | $5.70M |
| EBITDA Margin % | 17.82% | 11.90% | 31.17% | 21.05% | 43.41% |
| Other Income/Expenses | |||||
| Interest Expense | $0.00 | $7.00K | $0.00 | $71.00K | $69.00K |
| Other Income/Expenses Net | $0.00 | $-7.00K | $927.00K | $-5.00K | $387.00K |
| Income Before Tax | $1.83M | $601.00K | $3.20M | $1.59M | $5.00M |
| Income Tax Expense | $-5.17M | $-462.00K | $905.00K | $391.00K | $499.00K |
| Net Performance | |||||
| Net Income | $7.00M | $1.06M | $2.30M | $1.20M | $6.63M |
| Net Margin % | 47.48% | 8.07% | 17.33% | 9.70% | 50.45% |
| EPS | $1.33 | $0.20 | $0.43 | $0.22 | $1.22 |
| Diluted EPS | $1.33 | $0.20 | $0.43 | $0.22 | $1.22 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $5.12M | $8.61M | $8.23M | $1.18M | $6.51M |
| Short Term Investments | - | - | - | $3.14M | $6.12M |
| Net Receivables | $3.13M | $2.26M | $2.37M | $3.69M | $3.28M |
| Inventory | $781.00K | $770.00K | $1.43M | $2.29M | $2.89M |
| Other Current Assets | $463.00K | $480.00K | $355.00K | $545.00K | $489.00K |
| Total Current Assets | $9.49M | $12.12M | $12.38M | $10.84M | $19.09M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $600.00K | $439.00K | $2.30M | $2.14M | $1.99M |
| Long Term Investments | - | - | - | $1.05M | $101.00K |
| Tax Assets | $5.22M | $5.71M | $4.82M | $4.48M | $3.47M |
| Other Non-Current Assets | - | - | - | - | - |
| Total Non-Current Assets | $9.70M | $9.31M | $9.99M | $10.27M | $6.56M |
| Total Assets | |||||
| Total Assets | $19.18M | $21.42M | $22.37M | $21.10M | $25.65M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $373.00K | $547.00K | $236.00K | $423.00K | $1.10M |
| Short Term Debt | - | $475.00K | $115.00K | $61.00K | $79.00K |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | $28.00K | $37.00K | $107.00K | $99.00K | $164.00K |
| Other Current Liabilities | $830.00K | $413.00K | $441.00K | $284.00K | $201.00K |
| Total Current Liabilities | $1.23M | $1.47M | $899.00K | $867.00K | $1.55M |
| Non-Current Liabilities | |||||
| Long Term Debt | $19.00K | $582.00K | $1.67M | $1.62M | $1.56M |
| Other Non-Current Liabilities | - | - | - | - | - |
| Total Non-Current Liabilities | $19.00K | $582.00K | $1.67M | $1.62M | $1.56M |
| Total Liabilities | |||||
| Total Liabilities | $1.25M | $2.05M | $2.57M | $2.48M | $3.10M |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $53.00K | $54.00K | $54.00K | $54.00K | $55.00K |
| Retained Earnings | $-6.57M | $-5.50M | $-5.14M | $-6.53M | $-2.72M |
| Accumulated Other Comprehensive Income/Loss | $-306.00K | $-150.00K | $-288.00K | $-478.00K | $-552.00K |
| Total Shareholders Equity | $17.93M | $19.37M | $19.79M | $18.62M | $22.55M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $19.18M | $21.42M | $22.37M | $21.10M | $25.65M |
| Total Debt | $19.00K | $1.06M | $1.79M | $1.68M | $1.64M |
| Net Debt | $-5.10M | $-7.55M | $-6.44M | $500.00K | $-4.87M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $7.00M | $1.06M | $2.30M | $1.20M | $4.50M |
| Depreciation & Amortization | $795.00K | $960.00K | $928.00K | $970.00K | $632.00K |
| Stock Based Compensation | $219.00K | $224.00K | $226.00K | $381.00K | $187.00K |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $704.00K | $865.00K | $-108.00K | $-1.32M | $608.00K |
| Change in Inventory | $508.00K | $10.00K | $-659.00K | $-858.00K | $-1.91M |
| Change in Accounts Payable | $-514.00K | $187.00K | $-310.00K | $187.00K | $673.00K |
| Other Working Capital Changes | - | - | - | $-356.00K | $-9.00K |
| Total Working Capital Change | $-597.00K | $797.00K | $-844.00K | $-2.35M | $-642.00K |
| Other Operating | |||||
| Other Non-Cash Items | - | $5.00K | $-927.00K | $93.00K | $376.00K |
| Net Cash from Operations | $2.25M | $2.56M | $2.56M | $668.00K | $5.48M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | $-254.00K | $-129.00K | $-2.09M | $-618.00K | $-6.00K |
| Purchase of Investments | - | - | - | $-6.29M | $-10.17M |
| Sale of Investments | - | - | - | $1.94M | $8.22M |
| Other Investing Activities | $-1.16M | $-22.00K | $-485.00K | - | $4.76M |
| Net Cash from Investing | $-1.41M | $-151.00K | $-2.57M | $-4.98M | $2.80M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | - | - | - | $-58.00K | $-60.00K |
| Stock Repurchases | - | - | - | - | - |
| Dividends Paid | - | - | $-1.93M | $-2.59M | $-2.82M |
| Other Financing Activities | $-17.00K | $918.00K | $1.70M | $18.00K | $13.00K |
| Net Cash from Financing | $-17.00K | $918.00K | $-229.00K | $-2.63M | $-2.87M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $882.00K | $3.49M | $-376.00K | $-7.05M | $5.33M |
| Cash at Beginning of Period | $4.24M | $5.12M | $8.61M | $8.23M | $1.18M |
| Cash at End of Period | $5.12M | $8.61M | $8.23M | $1.18M | $6.51M |
| Key Metrics | |||||
| Operating Cash Flow | $2.25M | $2.56M | $2.56M | $668.00K | $5.48M |
| Capital Expenditure | $-1.41M | $-151.00K | $-2.57M | $-618.00K | $-6.00K |
| Free Cash Flow | $840.00K | $2.41M | $-10.00K | $50.00K | $5.47M |