| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $12M | $10M | 3.3% | 29.7% |
| Op. Income | $4M | $3M | $2M | 35.5% | 125.9% |
| Gross Margin | 79.7% | 76.2% | 74.7% | 3.5pp | 5.0pp |
| Net Margin | 25.5% | 20.2% | 15.0% | 5.3pp | 10.5pp |
| EPS (Diluted) | $0.26 | $0.20 | $0.12 | 30.0% | 116.7% |
| Free Cash Flow | $1M | $1M | $3M | 21.5% | -64.3% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $662.6K |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $13.1K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $938.6K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $494.2K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $662.6K |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $13.1K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $938.6K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $494.2K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $494.2K |
| Stock-Based Compensation | $121.0K |
| Deferred Income Tax | -$92.9K |
| Other Non-Cash Items | $16.7K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$422.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $500.0K |
| Other Investing Activities | -$233.9K |
| NET CASH FROM INVESTING | $77.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5.7K |
| NET CASH FROM FINANCING | -$5.7K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $5M |
| Other Current Assets | $802.5K |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $902.9K |
| Other Non-Current Assets | $201.3K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $76M |
| Account Payables | $822.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $239.2K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $1.3K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $2M |
| Net Debt | -$50M |
