| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $13M | $10M | 25.2% | 66.7% |
| Op. Income | $361.0K | $19.0K | -$347.0K | 1800.0% | 204.0% |
| Gross Margin | 36.2% | 37.3% | 41.7% | -1.1pp | -5.5pp |
| Net Margin | 8.5% | 5.1% | 8.2% | 3.3pp | 0.3pp |
| EPS (Diluted) | $0.33 | $0.15 | $0.19 | 120.0% | 73.7% |
| Free Cash Flow | $2M | -$1M | $1M | 326.1% | 141.5% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $6M |
| R&D Expenses | $856.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $361.0K |
| Interest Income | $221.0K |
| Interest Expense | $74.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $22.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $198.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $6M |
| R&D Expenses | $856.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $361.0K |
| Interest Income | $221.0K |
| Interest Expense | $74.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $22.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $198.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $198.0K |
| Stock-Based Compensation | $253.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$872.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$11.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11.0K |
| Net Debt Issuance | $24.0K |
| Common Stock Repurchased | -$23.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12.0K |
| NET CASH FROM FINANCING | $13.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $4M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $10.0K |
| Long-Term Investments | $3.0K |
| Tax Assets | $330.0K |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $75M |
| Account Payables | $19M |
| Short-Term Debt | $4M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $430.0K |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $449.0K |
| Deferred Revenue NC | -$330.0K |
| Deferred Tax Liabilities | $330.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39M |
| Minority Interest | $0 |
| TOTAL EQUITY | $39M |
| TOTAL LIABILITIES & EQUITY | $75M |
| Total Debt | $5M |
| Net Debt | -$19M |
