| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $7M | $7M | -7.8% | -3.7% |
| Op. Income | $4M | $4M | $4M | -1.2% | -9.2% |
| Gross Margin | 78.0% | 77.4% | 83.5% | 0.6pp | -5.6pp |
| Net Margin | 55.1% | 53.4% | 60.1% | 1.6pp | -5.0pp |
| EPS (Diluted) | $0.72 | $0.75 | $0.81 | -4.0% | -11.1% |
| Free Cash Flow | $3M | $3M | $3M | -14.6% | -10.8% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $596.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $272.2K |
| Other Expenses | $0 |
| Operating Expenses | $868.7K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $4M |
| Interest Income | $283.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $283.9K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $855.7K |
| 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 | $87.6K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $596.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $272.2K |
| Other Expenses | $0 |
| Operating Expenses | $868.7K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $4M |
| Interest Income | $283.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $283.9K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $855.7K |
| 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 | $87.6K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $87.6K |
| Stock-Based Compensation | $8.8K |
| Deferred Income Tax | -$16.2K |
| Other Non-Cash Items | $164.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $15.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $15.6K |
| 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 | $9M |
| Short-Term Investments | $22M |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $831.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $27M |
| Tax Assets | $260.1K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $68M |
| Account Payables | $111.2K |
| 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 | $482.8K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $48.3K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $47M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $433.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $635.6K |
| Net Debt | -$8M |
