| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $38M | $41M | -3.4% | -10.9% |
| Op. Income | $17M | $17M | $21M | -3.6% | -20.3% |
| Gross Margin | 58.3% | 57.1% | 56.3% | 1.3pp | 2.0pp |
| Net Margin | 29.9% | 42.1% | 44.8% | -12.2pp | -14.9pp |
| EPS (Diluted) | $0.07 | $0.10 | $0.13 | -30.0% | -46.2% |
| Free Cash Flow | $25M | $17M | $31M | 42.4% | -21.6% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $21M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $243.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $442.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $12M |
| EBIT | $13M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $21M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $243.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $442.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $12M |
| EBIT | $13M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $92.0K |
| Stock-Based Compensation | $995.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $18.0K |
| Purchases of Investments | -$29.1K |
| Sales/Maturities of Investments | $25.0K |
| Other Investing Activities | -$13.9K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$83.0K |
| Common Stock Repurchased | -$106.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$486.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $2M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $52M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $981.0K |
| Net Debt | -$73M |
