| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $38M | $36M | -3.0% | 2.4% |
| Op. Income | $11M | $12M | $12M | -1.7% | -6.1% |
| Gross Margin | 63.1% | 61.6% | 65.6% | 1.6pp | -2.5pp |
| Net Margin | 22.3% | 22.2% | 24.6% | 0.1pp | -2.2pp |
| EPS (Diluted) | $0.33 | $0.34 | $0.35 | -2.9% | -5.7% |
| Free Cash Flow | $8M | $6M | $10M | 47.5% | -11.6% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1M |
| Operating Expenses | $12M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $11M |
| Interest Income | $14.0K |
| Interest Expense | $318.0K |
| Other Income/Expenses | -$432.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1M |
| Operating Expenses | $12M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $11M |
| Interest Income | $14.0K |
| Interest Expense | $318.0K |
| Other Income/Expenses | -$432.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $334.0K |
| Deferred Income Tax | -$676.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $551.0K |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $14M |
| Goodwill | $62M |
| Intangible Assets | $2M |
| Long-Term Investments | $3M |
| Tax Assets | $18.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $136M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $175M |
| Retained Earnings | -$31M |
| Treasury Stock | -$72M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $136M |
| Total Debt | $24M |
| Net Debt | -$9M |
