| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $17M | $15M | 7.3% | 22.8% |
| Op. Income | $401.9K | $650.1K | $516.6K | -38.2% | -22.2% |
| Gross Margin | 28.4% | 30.1% | 31.2% | -1.7pp | -2.8pp |
| Net Margin | 1.8% | 3.4% | 11.4% | -1.6pp | -9.6pp |
| EPS (Diluted) | $0.02 | $0.03 | $0.09 | -48.1% | -83.1% |
| Free Cash Flow | -$3M | -$5M | -$2M | 48.8% | -65.4% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $401.9K |
| Interest Income | $55.5K |
| Interest Expense | $44.9K |
| Other Income/Expenses | $6.4K |
| INCOME BEFORE TAX | $408.3K |
| Income Tax Expense | $85.5K |
| Net Income from Continuing Ops | $322.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $322.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $322.8K |
| D&A | $254.4K |
| EBIT | $453.3K |
| EBITDA | $707.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $401.9K |
| Interest Income | $55.5K |
| Interest Expense | $44.9K |
| Other Income/Expenses | $6.4K |
| INCOME BEFORE TAX | $408.3K |
| Income Tax Expense | $85.5K |
| Net Income from Continuing Ops | $322.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $322.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $322.8K |
| D&A | $254.4K |
| EBIT | $453.3K |
| EBITDA | $707.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $322.8K |
| Depreciation & Amortization | $254.4K |
| Stock-Based Compensation | $532.6K |
| Deferred Income Tax | -$73.0K |
| Other Non-Cash Items | $231.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$55.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$129.1K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $655.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $12M |
| Net Receivables | $10M |
| Inventory | $20M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $4M |
| Goodwill | $7M |
| Intangible Assets | $73.8K |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $38.1K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $60M |
| Account Payables | $6M |
| Short-Term Debt | $3M |
| Deferred Revenue | $853.6K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $796.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $45M |
| Retained Earnings | $1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$66.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $46M |
| Minority Interest | $0 |
| TOTAL EQUITY | $46M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $5M |
| Net Debt | $2M |
