Reported September 30, 2022
| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $6M | — | 174.2% |
| Op. Income | $2M | — | $1M | — | 63.1% |
| Gross Margin | 14.6% | — | 23.8% | — | -9.2pp |
| Net Margin | 11.2% | — | 19.7% | — | -8.5pp |
| EPS (Diluted) | $0.10 | — | $0.05 | — | 94.0% |
| Free Cash Flow | -$2M | — | -$209.6K | — | -1006.9% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $22.2K |
| General & Administrative | $279.4K |
| SG&A Expenses | $219.9K |
| Other Expenses | $0 |
| Operating Expenses | $219.9K |
| Cost & Expenses | $15M |
| OPERATING INCOME | $2M |
| Interest Income | $2 |
| Interest Expense | -$7 |
| Other Income/Expenses | $2.9K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $379.8K |
| 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 | $2.3K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $22.2K |
| General & Administrative | $279.4K |
| SG&A Expenses | $219.9K |
| Other Expenses | $0 |
| Operating Expenses | $219.9K |
| Cost & Expenses | $15M |
| OPERATING INCOME | $2M |
| Interest Income | $2 |
| Interest Expense | -$7 |
| Other Income/Expenses | $2.9K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $379.8K |
| 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 | $2.3K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $584 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$285.9K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$9.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$43.5K |
| NET CASH FROM FINANCING | -$43.5K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $959.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $959.3K |
| Short-Term Investments | $0 |
| Net Receivables | $17.3K |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $19.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $19.0K |
| TOTAL ASSETS | $8M |
| Account Payables | $0 |
| Short-Term Debt | $989.4K |
| Deferred Revenue | $7.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $989.4K |
| Net Debt | $30.1K |