| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $12M | $6M | -25.4% | 63.1% |
| Op. Income | $2M | $5M | $195.0K | -52.7% | 1008.2% |
| Gross Margin | 65.2% | 68.3% | 57.9% | -3.2pp | 7.3pp |
| Net Margin | 20.3% | 29.2% | 3.5% | -8.9pp | 16.8pp |
| EPS (Diluted) | $0.11 | $0.21 | $0.01 | -47.6% | 1000.0% |
| Free Cash Flow | $4M | $2M | $1M | 97.9% | 193.0% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $746.0K |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $2M |
| Interest Income | $119.0K |
| Interest Expense | $1.0K |
| Other Income/Expenses | $118.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $450.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $75.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $746.0K |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $2M |
| Interest Income | $119.0K |
| Interest Expense | $1.0K |
| Other Income/Expenses | $118.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $450.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $75.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $222.0K |
| Stock-Based Compensation | $40.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $188.0K |
| Change in Working Capital | -$698.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$60.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $211.0K |
| NET CASH FROM FINANCING | $211.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $74.0K |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $36.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $55M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $979.0K |
| Other Current Liabilities | $302.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $172.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $169.0K |
| Additional Paid-In Capital | $45M |
| Retained Earnings | $3M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $55M |
| Total Debt | $1M |
| Net Debt | -$37M |
