| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $12M | $17M | 46.4% | -1.5% |
| Op. Income | $584.7K | $146.8K | $750.0K | 298.1% | -22.0% |
| Gross Margin | 22.8% | 26.7% | 19.2% | -3.9pp | 3.6pp |
| Net Margin | 1.7% | -0.1% | 4.0% | 1.9pp | -2.3pp |
| EPS (Diluted) | $0.08 | $-0.01 | $0.43 | 1077.4% | -80.9% |
| Free Cash Flow | $503.1K | -$4M | -$1M | 112.1% | 136.1% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $4M |
| R&D Expenses | $41.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | -$17M |
| OPERATING INCOME | $584.7K |
| Interest Income | $0 |
| Interest Expense | $185.8K |
| Other Income/Expenses | -$185.8K |
| INCOME BEFORE TAX | $398.8K |
| Income Tax Expense | $102.4K |
| Net Income from Continuing Ops | $296.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $296.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296.5K |
| D&A | $62.3K |
| EBIT | $584.7K |
| EBITDA | $647.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $4M |
| R&D Expenses | $41.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | -$17M |
| OPERATING INCOME | $584.7K |
| Interest Income | $0 |
| Interest Expense | $185.8K |
| Other Income/Expenses | -$185.8K |
| INCOME BEFORE TAX | $398.8K |
| Income Tax Expense | $102.4K |
| Net Income from Continuing Ops | $296.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $296.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296.5K |
| D&A | $62.3K |
| EBIT | $584.7K |
| EBITDA | $647.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $296.5K |
| Depreciation & Amortization | $62.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $85.2K |
| Other Non-Cash Items | $119.4K |
| Change in Working Capital | $5.8K |
| OPERATING CASH FLOW | $569.1K |
| Capital Expenditure | -$66.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$66.0K |
| Net Debt Issuance | -$20.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $197.5K |
| FREE CASH FLOW | $503.1K |
| Net Change in Cash | $700.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $16M |
| Other Current Assets | $158.2K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $812.5K |
| Other Non-Current Assets | $193.8K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $33M |
| Account Payables | $10M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $99.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $166.0K |
| TOTAL LIABILITIES | $18M |
| Common Stock | $31.1K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $4M |
| Net Debt | $974.2K |
