| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $36M | $33M | 10.6% | 20.5% |
| Op. Income | $11M | $10M | $11M | 11.3% | -3.5% |
| Gross Margin | 68.6% | 70.9% | 72.2% | -2.3pp | -3.7pp |
| Net Margin | 18.1% | 14.1% | 15.2% | 4.0pp | 2.9pp |
| EPS (Diluted) | $0.23 | $0.16 | $0.23 | 41.7% | -0.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $27M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $11M |
| Interest Income | $97.7K |
| Interest Expense | $182.2K |
| Other Income/Expenses | -$54.2K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $7M |
| EBIT | $11M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $27M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $11M |
| Interest Income | $97.7K |
| Interest Expense | $182.2K |
| Other Income/Expenses | -$54.2K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $7M |
| EBIT | $11M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $242.5K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $73M |
| Goodwill | $8M |
| Intangible Assets | $4M |
| Long-Term Investments | $1M |
| Tax Assets | $3M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $166M |
| Account Payables | $17M |
| Short-Term Debt | $2M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $457.7K |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $429M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$400M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $1M |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $166M |
| Total Debt | $12M |
| Net Debt | -$28M |
