| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $12M | $14M | 11.2% | -2.9% |
| Op. Income | $19.0K | -$24.0K | -$357.0K | 179.2% | 105.3% |
| Gross Margin | 37.3% | 35.1% | 30.8% | 2.3pp | 6.5pp |
| Net Margin | 5.1% | 1.3% | -3.1% | 3.8pp | 8.2pp |
| EPS (Diluted) | $0.15 | $0.04 | $-0.10 | 312.1% | 250.0% |
| Free Cash Flow | -$1M | $1M | -$976.0K | -172.6% | -10.8% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $5M |
| R&D Expenses | $884.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$20.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $19.0K |
| Interest Income | $158.0K |
| Interest Expense | $80.0K |
| Other Income/Expenses | $676.0K |
| INCOME BEFORE TAX | $695.0K |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $684.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $684.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $646.0K |
| D&A | $197.0K |
| EBIT | $775.0K |
| EBITDA | $972.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $5M |
| R&D Expenses | $884.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$20.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $19.0K |
| Interest Income | $158.0K |
| Interest Expense | $80.0K |
| Other Income/Expenses | $676.0K |
| INCOME BEFORE TAX | $695.0K |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $684.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $684.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $646.0K |
| D&A | $197.0K |
| EBIT | $775.0K |
| EBITDA | $972.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $684.0K |
| Depreciation & Amortization | $197.0K |
| Stock-Based Compensation | $254.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$253.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$28.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $312.0K |
| NET CASH FROM INVESTING | $284.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$51.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $25.0K |
| Net Receivables | $20M |
| Inventory | $6M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $12.0K |
| Long-Term Investments | $6.0K |
| Tax Assets | $5M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $65M |
| Account Payables | $13M |
| Short-Term Debt | $4M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $443.0K |
| Deferred Revenue NC | $100.0K |
| Deferred Tax Liabilities | -$100.0K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $4M |
| Net Debt | -$17M |
