| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $40M | $33M | 16.6% | 39.0% |
| Op. Income | $13M | $11M | $11M | 23.0% | 17.6% |
| Gross Margin | 65.3% | 68.6% | 71.7% | -3.3pp | -6.5pp |
| Net Margin | 20.3% | 18.1% | 14.8% | 2.2pp | 5.5pp |
| EPS (Diluted) | $0.30 | $0.23 | $0.23 | 31.2% | 32.6% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $30M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $13M |
| Interest Income | $92.0K |
| Interest Expense | $226.7K |
| Other Income/Expenses | -$109.3K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $9M |
| EBIT | $13M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $30M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $13M |
| Interest Income | $92.0K |
| Interest Expense | $226.7K |
| Other Income/Expenses | -$109.3K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $9M |
| EBIT | $13M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $682.1K |
| NET CASH FROM FINANCING | $682.1K |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $786.2K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $71M |
| PP&E (Net) | $78M |
| Goodwill | $12M |
| Intangible Assets | $5M |
| Long-Term Investments | $1M |
| Tax Assets | $3M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $186M |
| Account Payables | $17M |
| Short-Term Debt | $3M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $285.0K |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $430M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$373M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $127M |
| Minority Interest | $2M |
| TOTAL EQUITY | $129M |
| TOTAL LIABILITIES & EQUITY | $186M |
| Total Debt | $14M |
| Net Debt | -$34M |
