| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $13M | $10M | 8.8% | 34.4% |
| Op. Income | $696.7K | -$467.2K | -$63.2K | 249.1% | 1203.1% |
| Gross Margin | 24.4% | 19.1% | 25.0% | 5.3pp | -0.6pp |
| Net Margin | 1.9% | -3.0% | -0.5% | 4.9pp | 2.4pp |
| EPS (Diluted) | $0.08 | $-0.11 | $-0.02 | 170.2% | 607.9% |
| Free Cash Flow | -$5M | -$2M | -$3M | -148.2% | -64.0% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $84.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $696.7K |
| Interest Income | $0 |
| Interest Expense | $30.6K |
| Other Income/Expenses | -$328.6K |
| INCOME BEFORE TAX | $368.1K |
| Income Tax Expense | $98.3K |
| Net Income from Continuing Ops | $269.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $269.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $269.8K |
| D&A | $84.1K |
| EBIT | $696.7K |
| EBITDA | $780.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $84.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $696.7K |
| Interest Income | $0 |
| Interest Expense | $30.6K |
| Other Income/Expenses | -$328.6K |
| INCOME BEFORE TAX | $368.1K |
| Income Tax Expense | $98.3K |
| Net Income from Continuing Ops | $269.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $269.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $269.8K |
| D&A | $84.1K |
| EBIT | $696.7K |
| EBITDA | $780.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $269.8K |
| Depreciation & Amortization | $84.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $156.8K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$318.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$318.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$336.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $899.1K |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $19M |
| Other Current Assets | $258.2K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $33.9K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $36M |
| Account Payables | $2M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $125.8K |
| TOTAL NON-CURRENT LIABILITIES | $125.8K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $824.0K |
| Additional Paid-In Capital | $725.7K |
| Retained Earnings | $21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $10M |
| Net Debt | $9M |
