| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $10M | $5M | 59.0% | 190.2% |
| Op. Income | $2M | $717.0K | -$652.0K | 214.6% | 446.0% |
| Gross Margin | 41.9% | 47.0% | 36.0% | -5.2pp | 5.9pp |
| Net Margin | 14.7% | 7.5% | -14.0% | 7.2pp | 28.6pp |
| EPS (Diluted) | $0.08 | $0.03 | $-0.03 | 207.1% | 349.0% |
| Free Cash Flow | -$3M | $3M | -$267.0K | -192.6% | -1031.8% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $2M |
| Interest Income | $1.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $11.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $77.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $2M |
| Interest Income | $1.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $11.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $77.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $77.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $880.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$86.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$86.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $26.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $14M |
| Other Current Assets | $559.0K |
| TOTAL CURRENT ASSETS | $55M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $80.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $134.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $57M |
| Account Payables | $3M |
| Short-Term Debt | $778.0K |
| Deferred Revenue | $154.0K |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $90.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45.0K |
| TOTAL NON-CURRENT LIABILITIES | $550.0K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $269.0K |
| Additional Paid-In Capital | $117M |
| Retained Earnings | -$73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$131.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | $0 |
| TOTAL EQUITY | $44M |
| TOTAL LIABILITIES & EQUITY | $57M |
| Total Debt | $1M |
| Net Debt | -$31M |
