| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $60M | $61M | 15.3% | 12.7% |
| Op. Income | $6M | $881.0K | $4M | 633.7% | 84.2% |
| Gross Margin | 30.6% | 28.2% | 25.9% | 2.3pp | 4.7pp |
| Net Margin | 4.5% | 0.0% | 1.2% | 4.5pp | 3.3pp |
| EPS (Diluted) | $7.50 | $-1.08 | $1.50 | 794.4% | 400.0% |
| Free Cash Flow | $7M | -$2M | -$9M | 546.1% | 182.2% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $21M |
| R&D Expenses | $604.0K |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $520.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $9 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $21M |
| R&D Expenses | $604.0K |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $520.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $9 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $603.0K |
| Deferred Income Tax | $65.0K |
| Other Non-Cash Items | $865.0K |
| Change in Working Capital | $508.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$301.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$401.0K |
| Net Debt Issuance | -$573.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $49M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $6M |
| Goodwill | $25M |
| Intangible Assets | $52M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $363.0K |
| TOTAL NON-CURRENT ASSETS | $83M |
| TOTAL ASSETS | $214M |
| Account Payables | $39M |
| Short-Term Debt | $9M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $98M |
| TOTAL LIABILITIES | $168M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $117M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $214M |
| Total Debt | $58M |
| Net Debt | $36M |
