| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $11M | 5.4% | 22.9% |
| Op. Income | $4M | $4M | $3M | -0.8% | 33.9% |
| Gross Margin | 78.6% | 79.7% | 77.1% | -1.1pp | 1.6pp |
| Net Margin | 25.6% | 25.5% | 23.6% | 0.1pp | 1.9pp |
| EPS (Diluted) | $0.27 | $0.26 | $0.20 | 3.8% | 35.0% |
| Free Cash Flow | $3M | $1M | $3M | 178.0% | 7.1% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $11M |
| R&D Expenses | $491.6K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $105.2K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $810.4K |
| 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 | $435.5K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $11M |
| R&D Expenses | $491.6K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $105.2K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $810.4K |
| 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 | $435.5K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $435.5K |
| Stock-Based Compensation | $393.2K |
| Deferred Income Tax | -$82.2K |
| Other Non-Cash Items | $46.0K |
| Change in Working Capital | -$281.2K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$556.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$363.2K |
| NET CASH FROM INVESTING | -$556.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $52.3K |
| NET CASH FROM FINANCING | $52.3K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $5M |
| Other Current Assets | $386.6K |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $985.1K |
| Other Non-Current Assets | $236.2K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $80M |
| Account Payables | $964.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $232.2K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $1.3K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | $0 |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $80M |
| Total Debt | $2M |
| Net Debt | -$53M |
