| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $5M | 18.4% | 52.2% |
| Op. Income | $1M | $711.3K | $820.8K | 46.4% | 26.9% |
| Gross Margin | 59.3% | 54.6% | 59.6% | 4.7pp | -0.3pp |
| Net Margin | 9.8% | 8.5% | 10.1% | 1.3pp | -0.2pp |
| EPS (Diluted) | $0.07 | $0.05 | $0.05 | 35.9% | 44.6% |
| Free Cash Flow | -$583.3K | -$4M | $2M | 85.1% | -128.6% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $617.1K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $1M |
| Other Income/Expenses | -$7.6K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $246.7K |
| Net Income from Continuing Ops | $787.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $787.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $787.4K |
| D&A | $311.7K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $617.1K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $1M |
| Other Income/Expenses | -$7.6K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $246.7K |
| Net Income from Continuing Ops | $787.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $787.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $787.4K |
| D&A | $311.7K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $787.4K |
| Depreciation & Amortization | $311.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $318.7K |
| Other Non-Cash Items | $394.5K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $338.0K |
| Capital Expenditure | -$921.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$955.7K |
| Net Debt Issuance | -$57.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$52.3K |
| FREE CASH FLOW | -$583.3K |
| Net Change in Cash | -$670.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $580.0K |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $412.2K |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $53M |
| Account Payables | $1M |
| Short-Term Debt | $233.7K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.4K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $31M |
| Retained Earnings | $2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $53M |
| Total Debt | $9M |
| Net Debt | -$6M |
