| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $34M | $37M | -3.5% | -13.2% |
| Op. Income | $952.0K | $2M | $4M | -43.6% | -75.5% |
| Gross Margin | 39.9% | 39.5% | 35.4% | 0.4pp | 4.4pp |
| Net Margin | 1.5% | 3.1% | 9.4% | -1.6pp | -7.9pp |
| EPS (Diluted) | $0.03 | $0.07 | $0.24 | -52.9% | -86.3% |
| Free Cash Flow | $3M | $6M | $3M | -41.2% | 20.3% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $13M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $12M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $952.0K |
| Interest Income | $19.0K |
| Interest Expense | $102.0K |
| Other Income/Expenses | -$420.0K |
| INCOME BEFORE TAX | $532.0K |
| Income Tax Expense | $33.0K |
| Net Income from Continuing Ops | $499.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $499.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $6M |
| EBIT | $634.0K |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $13M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $12M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $952.0K |
| Interest Income | $19.0K |
| Interest Expense | $102.0K |
| Other Income/Expenses | -$420.0K |
| INCOME BEFORE TAX | $532.0K |
| Income Tax Expense | $33.0K |
| Net Income from Continuing Ops | $499.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $499.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $6M |
| EBIT | $634.0K |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $499.0K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $14.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$244.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $381.0K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $10M |
| Goodwill | $61M |
| Intangible Assets | $30M |
| Long-Term Investments | -$1M |
| Tax Assets | $1M |
| Other Non-Current Assets | $838.0K |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $136M |
| Account Payables | $6M |
| Short-Term Debt | $319.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $342.0K |
| Deferred Tax Liabilities | $525.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $131M |
| Retained Earnings | -$26M |
| Treasury Stock | -$662.0K |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $136M |
| Total Debt | $14M |
| Net Debt | $2M |
