| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $75M | $71M | -7.3% | -1.7% |
| Op. Income | $8M | $10M | $11M | -18.8% | -24.1% |
| Gross Margin | 35.8% | 36.7% | 37.4% | -0.9pp | -1.6pp |
| Net Margin | 22.0% | 8.7% | 12.3% | 13.3pp | 9.7pp |
| EPS (Diluted) | $4.84 | $2.04 | $2.66 | 137.3% | 82.0% |
| Free Cash Flow | -$3M | $1M | $11M | -391.8% | -131.1% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $858.0K |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $1M |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $858.0K |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $1M |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $19.0K |
| Deferred Income Tax | $707.0K |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56.0K |
| NET CASH FROM FINANCING | -$415.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $79M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $69M |
| Goodwill | $41M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $798.0K |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $225M |
| Account Payables | $15M |
| Short-Term Debt | $22M |
| Deferred Revenue | $316.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $41M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $130M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $37M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | -$448.0K |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $225M |
| Total Debt | $98M |
| Net Debt | $92M |
