| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $37M | $38M | -9.4% | -12.0% |
| Op. Income | $2M | $3M | $1M | -38.7% | 18.5% |
| Gross Margin | 39.5% | 41.5% | 37.0% | -2.0pp | 2.5pp |
| Net Margin | 3.1% | 7.4% | 3.9% | -4.2pp | -0.8pp |
| EPS (Diluted) | $0.07 | $0.18 | $0.10 | -61.3% | -30.3% |
| Free Cash Flow | $6M | $2M | $3M | 162.3% | 123.0% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $13M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $1M |
| Operating Expenses | $12M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $2M |
| Interest Income | $14.0K |
| Interest Expense | $96.0K |
| Other Income/Expenses | -$577.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $55.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $3M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $13M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $1M |
| Operating Expenses | $12M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $2M |
| Interest Income | $14.0K |
| Interest Expense | $96.0K |
| Other Income/Expenses | -$577.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $55.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $3M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$230.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $418.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $10M |
| Goodwill | $61M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $787.0K |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $131M |
| Account Payables | $5M |
| Short-Term Debt | $552.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $14.0K |
| Deferred Revenue NC | $390.0K |
| Deferred Tax Liabilities | $511.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $133M |
| Retained Earnings | -$26M |
| Treasury Stock | -$662.0K |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $0 |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $131M |
| Total Debt | $6M |
| Net Debt | $2M |
