| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $67M | $66M | -9.9% | -7.9% |
| Op. Income | $5M | $8M | $9M | -36.4% | -44.6% |
| Gross Margin | 29.2% | 28.5% | 29.8% | 0.7pp | -0.6pp |
| Net Margin | 7.0% | 9.4% | 11.6% | -2.4pp | -4.5pp |
| EPS (Diluted) | $0.21 | $0.31 | $0.38 | -32.3% | -44.7% |
| Free Cash Flow | $8M | $1M | $6M | 739.5% | 45.5% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $8M |
| SG&A Expenses | $12M |
| Other Expenses | $710.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $5M |
| Interest Income | $84.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $371.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $710.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $8M |
| SG&A Expenses | $12M |
| Other Expenses | $710.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $5M |
| Interest Income | $84.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $371.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $710.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $710.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$365.0K |
| Other Non-Cash Items | $46.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$294.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$294.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $28M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $143M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $860.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $168M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $131M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $141M |
| Minority Interest | $0 |
| TOTAL EQUITY | $141M |
| TOTAL LIABILITIES & EQUITY | $168M |
| Total Debt | $0 |
| Net Debt | -$109M |
