| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $4M | -4.6% | 55.8% |
| Op. Income | $4M | $4M | $2M | -0.5% | 80.5% |
| Gross Margin | 77.4% | 75.3% | 78.5% | 2.1pp | -1.1pp |
| Net Margin | 53.4% | 50.0% | 50.7% | 3.4pp | 2.7pp |
| EPS (Diluted) | $0.75 | $0.74 | $0.46 | 1.4% | 63.0% |
| Free Cash Flow | $3M | $3M | $2M | -5.0% | 31.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $708.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $483.1K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $4M |
| Interest Income | $294.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $294.9K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $736.6K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $130.8K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $708.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $483.1K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $4M |
| Interest Income | $294.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $294.9K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $736.6K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $130.8K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $130.8K |
| Stock-Based Compensation | $57.0K |
| Deferred Income Tax | $19.4K |
| Other Non-Cash Items | -$164.0K |
| Change in Working Capital | -$531.9K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$48.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $23M |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $909.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $28M |
| Tax Assets | $137.4K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $70M |
| Account Payables | $411.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $516.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $48.3K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $813.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $70M |
| Total Debt | $667.9K |
| Net Debt | -$10M |
