| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $70M | $69M | -2.1% | -1.2% |
| Op. Income | $6M | $8M | $8M | -30.6% | -28.8% |
| Gross Margin | 32.7% | 35.8% | 36.3% | -3.1pp | -3.5pp |
| Net Margin | 5.1% | 22.0% | 14.4% | -16.9pp | -9.3pp |
| EPS (Diluted) | $1.11 | $4.84 | $3.01 | -77.1% | -63.1% |
| Free Cash Flow | $5M | -$3M | $8M | 239.9% | -42.2% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $674.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $10M |
| EBIT | $6M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $674.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $10M |
| EBIT | $6M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $272.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$801.0K |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$444.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $96M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $84M |
| Goodwill | $44M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $134M |
| TOTAL ASSETS | $263M |
| Account Payables | $17M |
| Short-Term Debt | $18M |
| Deferred Revenue | $433.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $62M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $997.0K |
| TOTAL NON-CURRENT LIABILITIES | $108M |
| TOTAL LIABILITIES | $165M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $40M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98M |
| Minority Interest | -$448.0K |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $263M |
| Total Debt | $127M |
| Net Debt | $124M |
