| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | — | $24M | — | 184.1% |
| Op. Income | $2M | — | $523.4K | — | 257.2% |
| Gross Margin | 6.8% | — | 7.1% | — | -0.3pp |
| Net Margin | 2.2% | — | 1.5% | — | 0.7pp |
| EPS (Diluted) | $0.07 | — | $0.02 | — | 220.9% |
| Free Cash Flow | -$2M | — | -$3M | — | 25.7% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $5M |
| R&D Expenses | $150.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $75.6K |
| Other Income/Expenses | $327.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $744.4K |
| Net Income from Continuing Ops | $216.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $12.1K |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228.9K |
| D&A | $56.4K |
| EBIT | $339.2K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $5M |
| R&D Expenses | $150.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $75.6K |
| Other Income/Expenses | $327.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $744.4K |
| Net Income from Continuing Ops | $216.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $12.1K |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228.9K |
| D&A | $56.4K |
| EBIT | $339.2K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $56.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $18.5K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$603.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$603.4K |
| Net Debt Issuance | $51.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$139.4K |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $983.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $122.7K |
| Long-Term Investments | $0 |
| Tax Assets | $2.3K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $30M |
| Account Payables | $8M |
| Short-Term Debt | $4M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $25.6K |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $1.6K |
| Additional Paid-In Capital | $6M |
| Retained Earnings | -$366.2K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $635.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | -$95.6K |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $9M |
| Net Debt | $2M |
