| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $31M | $18M | 21.3% | 105.6% |
| Op. Income | $473.0K | -$2M | $866.0K | 125.2% | -45.4% |
| Gross Margin | 17.0% | 11.7% | 28.6% | 5.3pp | -11.6pp |
| Net Margin | 1.3% | -6.0% | 4.2% | 7.3pp | -2.9pp |
| EPS (Diluted) | $0.05 | $-0.19 | $0.09 | 126.3% | -44.4% |
| Free Cash Flow | $118.0K | -$7M | -$2M | 101.7% | 104.9% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $85.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $473.0K |
| Interest Income | $25.0K |
| Interest Expense | $23.0K |
| Other Income/Expenses | $2.0K |
| INCOME BEFORE TAX | $475.0K |
| Income Tax Expense | -$2.0K |
| Net Income from Continuing Ops | $477.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $477.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $477.0K |
| D&A | $1M |
| EBIT | $498.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $85.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $473.0K |
| Interest Income | $25.0K |
| Interest Expense | $23.0K |
| Other Income/Expenses | $2.0K |
| INCOME BEFORE TAX | $475.0K |
| Income Tax Expense | -$2.0K |
| Net Income from Continuing Ops | $477.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $477.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $477.0K |
| D&A | $1M |
| EBIT | $498.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $477.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $732.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$120.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$242.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$114.0K |
| FREE CASH FLOW | $118.0K |
| Net Change in Cash | -$382.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $884.0K |
| Other Current Assets | $280.0K |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $147M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $196M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $472.0K |
| TOTAL NON-CURRENT LIABILITIES | $81M |
| TOTAL LIABILITIES | $106M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $118M |
| Retained Earnings | -$28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $196M |
| Total Debt | $88M |
| Net Debt | $53M |
