| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $46M | $45M | 6.3% | 10.1% |
| Op. Income | $2M | -$2M | -$2M | 221.9% | 204.8% |
| Gross Margin | 14.2% | 6.2% | 3.8% | 7.9pp | 10.4pp |
| Net Margin | 3.5% | -3.1% | -3.8% | 6.7pp | 7.3pp |
| EPS (Diluted) | $0.08 | $-0.07 | $-0.08 | 206.5% | 191.7% |
| Free Cash Flow | $7M | -$12M | $4M | 157.5% | 90.3% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $5M |
| Operating Expenses | $5M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $807.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $473.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $169.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $5M |
| Operating Expenses | $5M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $807.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $473.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $169.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $169.0K |
| Stock-Based Compensation | $26.0K |
| Deferred Income Tax | -$748.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$9.0K |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $208M |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | -$286M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $219M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$222M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $373M |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $269M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $52M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | -$33.0K |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $0 |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $373M |
| Total Debt | $37M |
| Net Debt | $12M |
