| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $33M | $29M | 8.5% | 19.8% |
| Op. Income | $2M | $1M | $5M | 89.8% | -60.4% |
| Gross Margin | 17.9% | 15.4% | 27.3% | 2.6pp | -9.4pp |
| Net Margin | 4.3% | 2.2% | 12.1% | 2.1pp | -7.7pp |
| EPS (Diluted) | $0.53 | $0.25 | $1.24 | 112.0% | -57.3% |
| Free Cash Flow | $2M | -$4M | $2M | 159.0% | 17.5% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $6M |
| R&D Expenses | $475.0K |
| Selling & Marketing | $959.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $122.0K |
| Other Income/Expenses | -$122.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $289.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $473.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $6M |
| R&D Expenses | $475.0K |
| Selling & Marketing | $959.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $122.0K |
| Other Income/Expenses | -$122.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $289.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $473.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $473.0K |
| Stock-Based Compensation | $93.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9.0K |
| Change in Working Capital | $831.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$507.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.0K |
| NET CASH FROM INVESTING | -$507.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $917.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $24M |
| Other Current Assets | $792.0K |
| TOTAL CURRENT ASSETS | $58M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $433.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $73M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99.0K |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$548.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $20M |
| Net Debt | $18M |
