| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $15M | $13M | 1.1% | 17.1% |
| Op. Income | $5M | $5M | $5M | -9.7% | 8.9% |
| Gross Margin | 82.9% | 80.9% | 80.7% | 2.0pp | 2.2pp |
| Net Margin | 27.3% | 29.8% | 29.6% | -2.5pp | -2.3pp |
| EPS (Diluted) | $0.20 | $0.21 | $0.18 | -4.8% | 11.1% |
| Free Cash Flow | $3M | $2M | $3M | 68.9% | -3.5% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $12M |
| R&D Expenses | $655.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $5M |
| Interest Income | $139.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$112.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $747.0K |
| 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 | $884.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $12M |
| R&D Expenses | $655.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $5M |
| Interest Income | $139.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$112.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $747.0K |
| 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 | $884.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $884.0K |
| Stock-Based Compensation | $766.0K |
| Deferred Income Tax | -$470.0K |
| Other Non-Cash Items | $435.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$789.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $80M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $145M |
| PP&E (Net) | $2M |
| Goodwill | $13M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $217.0K |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $186M |
| Account Payables | $426.0K |
| Short-Term Debt | $459.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $138M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$294.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $178M |
| Minority Interest | $0 |
| TOTAL EQUITY | $178M |
| TOTAL LIABILITIES & EQUITY | $186M |
| Total Debt | $2M |
| Net Debt | -$41M |
