| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $115M | $116M | 7.6% | 7.2% |
| Op. Income | $9M | $5M | $18M | 71.2% | -51.7% |
| Gross Margin | 26.3% | 25.4% | 33.3% | 0.9pp | -7.0pp |
| Net Margin | 5.9% | 1.0% | 11.2% | 4.9pp | -5.4pp |
| EPS (Diluted) | $0.13 | $0.02 | $0.23 | 537.3% | -43.5% |
| Free Cash Flow | $15M | -$11M | -$622.0K | 232.4% | 2534.2% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $9M |
| Interest Income | $20.0K |
| Interest Expense | $130.0K |
| Other Income/Expenses | $478.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $947.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $9M |
| Interest Income | $20.0K |
| Interest Expense | $130.0K |
| Other Income/Expenses | $478.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $947.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $947.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$50.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50.0K |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $74M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $191M |
| PP&E (Net) | $2M |
| Goodwill | $8M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $218M |
| Account Payables | $17M |
| Short-Term Debt | $24.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $77M |
| Common Stock | $621.0K |
| Additional Paid-In Capital | $143M |
| Retained Earnings | $58M |
| Treasury Stock | -$59M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $142M |
| Minority Interest | $0 |
| TOTAL EQUITY | $142M |
| TOTAL LIABILITIES & EQUITY | $218M |
| Total Debt | $10M |
| Net Debt | -$12M |
