| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $54M | $42M | 0.5% | 27.3% |
| Op. Income | $5M | $3M | $852.0K | 59.9% | 430.8% |
| Gross Margin | 32.7% | 30.3% | 33.8% | 2.4pp | -1.1pp |
| Net Margin | 7.6% | 4.9% | 1.6% | 2.7pp | 6.0pp |
| EPS (Diluted) | $0.30 | $0.20 | $0.05 | 50.0% | 500.0% |
| Free Cash Flow | $4M | -$6M | $4M | 167.6% | -0.1% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $5M |
| Interest Income | $8.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $150.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $550.0K |
| 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 | $859.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $5M |
| Interest Income | $8.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $150.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $550.0K |
| 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 | $859.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $859.0K |
| Stock-Based Compensation | $153.0K |
| Deferred Income Tax | -$23.0K |
| Other Non-Cash Items | $59.0K |
| Change in Working Capital | -$539.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$770.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$770.0K |
| Net Debt Issuance | -$46.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$792.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$166.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $71M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $503.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $165M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $689.0K |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $235.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $672.0K |
| Additional Paid-In Capital | $64M |
| Retained Earnings | $58M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $125M |
| Minority Interest | $0 |
| TOTAL EQUITY | $125M |
| TOTAL LIABILITIES & EQUITY | $165M |
| Total Debt | $4M |
| Net Debt | -$36M |
