| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134M | $133M | $128M | 1.3% | 4.8% |
| Op. Income | $2M | $2M | $3M | -21.2% | -39.3% |
| Gross Margin | 7.3% | 7.6% | 8.3% | -0.3pp | -1.0pp |
| Net Margin | 0.4% | 0.6% | 1.2% | -0.2pp | -0.8pp |
| EPS (Diluted) | $0.05 | $0.07 | $0.14 | -28.0% | -62.1% |
| Free Cash Flow | $3M | -$16M | -$11M | 119.0% | 128.0% |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $556.0K |
| Income Tax Expense | -$31.0K |
| Net Income from Continuing Ops | $587.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $587.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $587.0K |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $556.0K |
| Income Tax Expense | -$31.0K |
| Net Income from Continuing Ops | $587.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $587.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $587.0K |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $587.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $75.0K |
| Deferred Income Tax | $45.0K |
| Other Non-Cash Items | $521.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$975.0K |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.0K |
| NET CASH FROM INVESTING | -$973.0K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$38.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$498.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $149M |
| Inventory | $158M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $344M |
| PP&E (Net) | $48M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $411M |
| Account Payables | $132M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $103M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $121M |
| TOTAL LIABILITIES | $288M |
| Common Stock | $47M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $76M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$543.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $411M |
| Total Debt | $127M |
| Net Debt | $126M |
