Net Sales

+7% (from $21.433M to $22.897M)

Net Sales increased by 7% YoY, reflecting stronger overall demand and improved market conditions compared to the previous period. This builds on earlier gains seen in past quarters and suggests that the company maintained effective sales strategies despite overall market headwinds. " "

Gross Profit

+7.6% (from $9.726M to $10.464M)

Gross Profit rose by 7.6% YoY, indicating that the company managed cost efficiencies and pricing improvements, which helped boost profitability despite competitive pressures. This outcome is consistent with earlier periods where enhanced product mix and cost control contributed to margin improvements. " "

Operating Income

-22% (from $1.940M to $1.521M)

Operating Income declined by roughly 22% YoY despite higher net sales and gross profit. The significant drop likely reflects increased operating expenses and tighter cost management, contrasting with previous quarters when expense growth was more contained. " " This signals challenges in translating higher revenues into operating profitability.

Net Income

-11% (from $1.478M to $1.318M)

Net Income fell by about 11% YoY, suggesting that the adverse impact of increased operating costs or other expenses partially offset revenue gains. This decline follows trends seen in prior periods and may point to pressures on margins or non-operating expenses that require attention moving forward. " "

Operating Cash Flow

-93% (from $3.270M to $231K)

Operating Cash Flow plummeted by approximately 93% YoY, an extreme decline that hints at substantial changes in working capital or cash conversion cycle compared to the strong flows in the previous period. This dramatic drop may be tied to increased inventory, receivables adjustments, or other changes in operating assets and liabilities, raising potential liquidity concerns if the trend continues. " "

Cash and Cash Equivalents

-7.6% (from $22.777M to $21.03M)

Cash and Cash Equivalents decreased by about 7.6% YoY, reflecting the cumulative impact of lower operating cash generation and possibly higher investing or financing outflows. This modest decline compared to the previous period indicates that while sales and gross profit improved, cash management challenges, partly driven by the drop in operating cash flow, are beginning to erode cash reserves. " "