| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $3M | 4.6% | 34.2% |
| Op. Income | $475.0K | $399.0K | $644.0K | 19.0% | -26.2% |
| Gross Margin | 89.6% | 92.9% | 100.0% | -3.3pp | -10.4pp |
| Net Margin | 9.4% | 8.7% | 12.1% | 0.7pp | -2.7pp |
| EPS (Diluted) | $0.04 | $0.04 | $0.04 | 12.9% | 5.0% |
| Free Cash Flow | -$791.0K | $1M | $676.0K | -168.3% | -217.0% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $442.0K |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $57.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $475.0K |
| Interest Income | $4M |
| Interest Expense | $442.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $475.0K |
| Income Tax Expense | $76.0K |
| Net Income from Continuing Ops | $399.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $399.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $399.0K |
| D&A | $106.0K |
| EBIT | $475.0K |
| EBITDA | $581.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $442.0K |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $57.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $475.0K |
| Interest Income | $4M |
| Interest Expense | $442.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $475.0K |
| Income Tax Expense | $76.0K |
| Net Income from Continuing Ops | $399.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $399.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $399.0K |
| D&A | $106.0K |
| EBIT | $475.0K |
| EBITDA | $581.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $399.0K |
| Depreciation & Amortization | $106.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$319.0K |
| Other Non-Cash Items | $238.0K |
| Change in Working Capital | -$920.0K |
| OPERATING CASH FLOW | -$496.0K |
| Capital Expenditure | -$295.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$791.0K |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $41M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $541M |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $580M |
| TOTAL ASSETS | $650M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $523M |
| TOTAL CURRENT LIABILITIES | $523M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $531M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $126M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $650M |
| Total Debt | $0 |
| Net Debt | -$27M |
