| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $56M | $39M | -16.0% | 20.3% |
| Op. Income | $955.0K | $5M | -$1M | -82.2% | 169.5% |
| Gross Margin | 64.4% | 66.7% | 65.1% | -2.3pp | -0.7pp |
| Net Margin | -3.6% | 3.2% | -19.0% | -6.8pp | 15.4pp |
| EPS (Diluted) | $-0.03 | $0.03 | $-0.13 | -193.9% | 77.4% |
| Free Cash Flow | -$1M | $10M | -$4M | -114.7% | 65.2% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $20M |
| SG&A Expenses | $27M |
| Other Expenses | $3M |
| Operating Expenses | $29M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $955.0K |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$881.0K |
| Income Tax Expense | $786.0K |
| 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 | $3M |
| EBIT | $959.0K |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4.0K |
| Other Non-Cash Items | $258.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $635.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$107.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $55M |
| Goodwill | $82M |
| Intangible Assets | $48M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $188M |
| TOTAL ASSETS | $204M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $71M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $120M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $99M |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$217.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $204M |
| Total Debt | $101M |
| Net Debt | $92M |
