| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $4M | $3M | -33.3% | -24.0% |
| Op. Income | $687.7K | $1M | $1M | -42.7% | -45.8% |
| Gross Margin | 55.5% | 53.3% | 58.5% | 2.2pp | -3.0pp |
| Net Margin | 14.3% | 17.5% | 32.0% | -3.2pp | -17.7pp |
| EPS (Diluted) | $0.08 | $0.14 | $0.22 | -46.3% | -65.8% |
| Free Cash Flow | $688.0K | $1M | $988.2K | -39.1% | -30.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $120.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $532.3K |
| Operating Expenses | $653.3K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $687.7K |
| Interest Income | $47.0K |
| Interest Expense | $507.1K |
| Other Income/Expenses | -$253.5K |
| INCOME BEFORE TAX | $434.2K |
| Income Tax Expense | $88.7K |
| Net Income from Continuing Ops | $345.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $345.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $345.5K |
| D&A | $34.3K |
| EBIT | $687.7K |
| EBITDA | $722.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $120.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $532.3K |
| Operating Expenses | $653.3K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $687.7K |
| Interest Income | $47.0K |
| Interest Expense | $507.1K |
| Other Income/Expenses | -$253.5K |
| INCOME BEFORE TAX | $434.2K |
| Income Tax Expense | $88.7K |
| Net Income from Continuing Ops | $345.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $345.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $345.5K |
| D&A | $34.3K |
| EBIT | $687.7K |
| EBITDA | $722.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $345.5K |
| Depreciation & Amortization | $34.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$217.1K |
| Other Non-Cash Items | $290.5K |
| Change in Working Capital | $282.6K |
| OPERATING CASH FLOW | $735.9K |
| Capital Expenditure | -$47.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$547.0K |
| Sales/Maturities of Investments | $1 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$594.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $688.0K |
| Net Change in Cash | $141.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $496.5K |
| Short-Term Investments | $7M |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $149.3K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $616.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $185.2K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $801.4K |
| TOTAL ASSETS | $12M |
| Account Payables | $96.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $653.3K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $459.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $0 |
| Net Debt | -$496.5K |
