| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $26M | $20M | 4.1% | 39.2% |
| Op. Income | $3M | $1M | $171.0K | 109.3% | 1417.5% |
| Gross Margin | 40.5% | 37.4% | 39.1% | 3.1pp | 1.4pp |
| Net Margin | 7.1% | 3.8% | -1.2% | 3.4pp | 8.4pp |
| EPS (Diluted) | $0.14 | $0.07 | $-0.02 | 100.0% | 904.6% |
| Free Cash Flow | -$3M | $2M | -$604.0K | -219.9% | -385.1% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $3M |
| Interest Income | $30.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $30.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $660.0K |
| 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 | $434.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $3M |
| Interest Income | $30.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $30.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $660.0K |
| 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 | $434.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $434.0K |
| Stock-Based Compensation | $137.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $53.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$80.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$80.0K |
| Net Debt Issuance | -$101.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $24M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $22M |
| Goodwill | $11M |
| Intangible Assets | $808.0K |
| Long-Term Investments | $0 |
| Tax Assets | $671.0K |
| Other Non-Current Assets | $618.0K |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $122M |
| Account Payables | $10M |
| Short-Term Debt | $405.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $139.0K |
| Additional Paid-In Capital | $124M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $353.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $122M |
| Total Debt | $13M |
| Net Debt | -$15M |
