| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $46M | $37M | -5.5% | 18.4% |
| Op. Income | $9M | $13M | $10M | -33.3% | -8.6% |
| Gross Margin | 61.8% | 65.3% | 66.5% | -3.5pp | -4.7pp |
| Net Margin | 13.0% | 20.3% | 9.6% | -7.3pp | 3.4pp |
| EPS (Diluted) | $0.18 | $0.30 | $0.17 | -39.7% | 10.9% |
| Free Cash Flow | $0 | $0 | $3M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $27M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $9M |
| Interest Income | $134.4K |
| Interest Expense | $221.2K |
| Other Income/Expenses | -$113.2K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $8M |
| EBIT | $9M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $27M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $9M |
| Interest Income | $134.4K |
| Interest Expense | $221.2K |
| Other Income/Expenses | -$113.2K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $8M |
| EBIT | $9M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$54M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $2M |
| Other Current Assets | $907.8K |
| TOTAL CURRENT ASSETS | $66M |
| PP&E (Net) | $82M |
| Goodwill | $11M |
| Intangible Assets | $5M |
| Long-Term Investments | $1M |
| Tax Assets | $3M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $117M |
| TOTAL ASSETS | $183M |
| Account Payables | $6M |
| Short-Term Debt | $5M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $424M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $76M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$372M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $1M |
| TOTAL EQUITY | $129M |
| TOTAL LIABILITIES & EQUITY | $183M |
| Total Debt | $13M |
| Net Debt | -$31M |
