~ Revenue grew by 25% to $4.25M (SaaS rev was up by 26%)

~ EBITDA at ($556K) from (897K) in Q1 PY. Possibility of a breakeven by Q4

~ Gross Margins at 92.2% (90.7% in Q1 2022) - sequentially it is down by 2% .but then Q4 always

has a sales drop due to the cyclical nature of the business

~ The company continues to 1) Diversify 2) Implement pay per scan model 3) Increase prices

~ Some pilots in the banking sector has been delayed, but it shall trigger additional growth in

following quarters

~ Still decent cash position oat 10.2M

Stock is down, perhaps because the eps came out at -0.07, against a consensus estimate of -0.06

Disclosure: Invested and watching this company closely