| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $54M | $45M | 2.5% | 22.3% |
| Op. Income | $4M | $5M | $309.0K | -19.9% | 1072.5% |
| Gross Margin | 31.8% | 32.7% | 34.9% | -0.9pp | -3.1pp |
| Net Margin | 5.2% | 7.6% | 0.5% | -2.4pp | 4.7pp |
| EPS (Diluted) | $0.20 | $0.30 | $0.02 | -33.3% | 900.0% |
| Free Cash Flow | -$2M | $4M | $2M | -145.8% | -178.8% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $4M |
| Interest Income | $11.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$127.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $609.0K |
| 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 | $872.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $4M |
| Interest Income | $11.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$127.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $609.0K |
| 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 | $872.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $872.0K |
| Stock-Based Compensation | $142.0K |
| Deferred Income Tax | $26.0K |
| Other Non-Cash Items | $88.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$554.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$554.0K |
| Net Debt Issuance | -$45.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$806.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$518.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $74M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $148M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $481.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $171M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $678.0K |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $235.0K |
| Other Non-Current Liabilities | $844.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $683.0K |
| Additional Paid-In Capital | $66M |
| Retained Earnings | $61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $130M |
| Minority Interest | $0 |
| TOTAL EQUITY | $130M |
| TOTAL LIABILITIES & EQUITY | $171M |
| Total Debt | $3M |
| Net Debt | -$36M |
