| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $71M | $76M | 11.3% | 3.3% |
| Op. Income | $5M | -$323.0K | $3M | 1721.1% | 78.3% |
| Gross Margin | 35.3% | 30.3% | 30.9% | 5.0pp | 4.4pp |
| Net Margin | -1.1% | -2.2% | 0.3% | 1.1pp | -1.4pp |
| EPS (Diluted) | $-0.01 | $-0.02 | $0.00 | 43.6% | -429.0% |
| Free Cash Flow | $4M | -$6M | -$3M | 165.7% | 235.0% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $28M |
| R&D Expenses | $7M |
| Selling & Marketing | $9M |
| General & Administrative | $7M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$513.0K |
| Income Tax Expense | $350.0K |
| Net Income from Continuing Ops | -$863.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$863.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$863.0K |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$863.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$823.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $297.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $110M |
| Inventory | $64M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $217M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $86M |
| TOTAL ASSETS | $302M |
| Account Payables | $72M |
| Short-Term Debt | $34M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $170M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $431M |
| Retained Earnings | -$266M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $133M |
| Minority Interest | $0 |
| TOTAL EQUITY | $133M |
| TOTAL LIABILITIES & EQUITY | $302M |
| Total Debt | $47M |
| Net Debt | $21M |
