| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $60M | $52M | 9.9% | 27.0% |
| Op. Income | $19M | $13M | $14M | 50.8% | 34.2% |
| Gross Margin | 34.0% | 27.2% | 33.1% | 6.7pp | 0.8pp |
| Net Margin | 23.7% | 16.9% | 21.6% | 6.7pp | 2.0pp |
| EPS (Diluted) | $0.55 | $0.36 | $0.40 | 52.8% | 37.5% |
| Free Cash Flow | $15M | $8M | $11M | 79.3% | 38.2% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $19M |
| Interest Income | $578.0K |
| Interest Expense | $64.0K |
| Other Income/Expenses | $514.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $19M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $19M |
| Interest Income | $578.0K |
| Interest Expense | $64.0K |
| Other Income/Expenses | $514.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $19M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $964.0K |
| Other Non-Cash Items | $457.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $283.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $18M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $182M |
| PP&E (Net) | $173M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $438.0K |
| TOTAL NON-CURRENT ASSETS | $174M |
| TOTAL ASSETS | $356M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $669.0K |
| Additional Paid-In Capital | $34M |
| Retained Earnings | $333M |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $311M |
| Minority Interest | $0 |
| TOTAL EQUITY | $311M |
| TOTAL LIABILITIES & EQUITY | $356M |
| Total Debt | $4M |
| Net Debt | -$118M |
