| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $14M | $22M | 48.8% | -3.2% |
| Op. Income | $2M | $696.7K | $3M | 189.9% | -23.4% |
| Gross Margin | 25.6% | 24.4% | 25.8% | 1.2pp | -0.2pp |
| Net Margin | 7.1% | 1.9% | 11.2% | 5.2pp | -4.0pp |
| EPS (Diluted) | $0.43 | $0.08 | $0.69 | 457.0% | -37.7% |
| Free Cash Flow | $2M | -$5M | -$2M | 135.8% | 200.8% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $83.3K |
| Operating Expenses | $3M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $48.0K |
| Other Income/Expenses | -$47.1K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $478.5K |
| 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 | $83.3K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $83.3K |
| Operating Expenses | $3M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $48.0K |
| Other Income/Expenses | -$47.1K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $478.5K |
| 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 | $83.3K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $83.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $357.9K |
| Change in Working Capital | -$100.9K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$103.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$103.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | -$500.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $20M |
| Other Current Assets | $3.9K |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $30.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $37M |
| Account Payables | $2M |
| Short-Term Debt | $9M |
| 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 | $128.5K |
| TOTAL NON-CURRENT LIABILITIES | $128.5K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $824.0K |
| Additional Paid-In Capital | $725.7K |
| Retained Earnings | $23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $9M |
| Net Debt | $7M |
