| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $7M | $7M | 46.1% | 57.1% |
| Op. Income | $7M | $5M | $4M | 53.0% | 76.3% |
| Gross Margin | 77.6% | 77.5% | 77.4% | 0.1pp | 0.2pp |
| Net Margin | 56.8% | 56.4% | 53.4% | 0.4pp | 3.4pp |
| EPS (Diluted) | $1.26 | $0.86 | $0.75 | 46.5% | 68.0% |
| Free Cash Flow | $6M | $3M | $3M | 82.1% | 93.6% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $670.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $435.6K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $7M |
| Interest Income | $351.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $351.4K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $71.2K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $670.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $435.6K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $7M |
| Interest Income | $351.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $351.4K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $71.2K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $71.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1 |
| Other Non-Cash Items | $40.0K |
| Change in Working Capital | -$181.5K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $10M |
| Net Receivables | $6M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $933.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $40M |
| Tax Assets | $894.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $68M |
| Account Payables | $399.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $374.9K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $48.3K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $64M |
| Minority Interest | $0 |
| TOTAL EQUITY | $64M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $532.8K |
| Net Debt | -$3M |
