| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $70M | $44M | 13.0% | 78.5% |
| Op. Income | $12M | $6M | $2M | 102.7% | 492.1% |
| Gross Margin | 66.3% | 64.4% | 60.3% | 1.9pp | 6.0pp |
| Net Margin | 16.2% | 8.7% | 4.5% | 7.5pp | 11.6pp |
| EPS (Diluted) | $0.57 | $0.27 | $0.10 | 111.1% | 470.0% |
| Free Cash Flow | $6M | $12M | -$3M | -52.5% | 266.9% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $53M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $12M |
| Interest Income | $803.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $630.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $52.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $12M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $53M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $12M |
| Interest Income | $803.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $630.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $52.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $12M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $179.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $580M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $34M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $661M |
| PP&E (Net) | $63M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $73M |
| TOTAL ASSETS | $734M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $692M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $680M |
| Minority Interest | $0 |
| TOTAL EQUITY | $680M |
| TOTAL LIABILITIES & EQUITY | $734M |
| Total Debt | $11M |
| Net Debt | -$569M |
