| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $12M | $13M | 9.0% | 6.5% |
| Op. Income | $5M | $5M | $5M | 11.8% | 6.1% |
| Gross Margin | 60.7% | 61.1% | 61.8% | -0.4pp | -1.1pp |
| Net Margin | 30.6% | 28.7% | 27.2% | 1.9pp | 3.4pp |
| EPS (Diluted) | $1.12 | $0.96 | $0.94 | 16.7% | 19.1% |
| Free Cash Flow | $5M | $5M | $4M | -4.1% | 2.9% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $8M |
| R&D Expenses | $135.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $142.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $8M |
| R&D Expenses | $135.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $142.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $40.0K |
| Deferred Income Tax | -$142.0K |
| Other Non-Cash Items | $18.0K |
| Change in Working Capital | -$964.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$222.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$222.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $351.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $7M |
| Other Current Assets | $453.0K |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $11M |
| Goodwill | $13M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $489.0K |
| Other Non-Current Assets | -$489.0K |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $116M |
| Account Payables | $818.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $489.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $119M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $107M |
| Minority Interest | $0 |
| TOTAL EQUITY | $107M |
| TOTAL LIABILITIES & EQUITY | $116M |
| Total Debt | $368.0K |
| Net Debt | -$66M |
