| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $30M | $29M | 4.4% | 6.6% |
| Op. Income | $764.0K | -$226.0K | $735.0K | 438.1% | 3.9% |
| Gross Margin | 34.6% | 32.8% | 37.4% | 1.8pp | -2.8pp |
| Net Margin | 1.4% | -2.6% | 2.0% | 3.9pp | -0.7pp |
| EPS (Diluted) | $0.06 | $-0.10 | $0.08 | 160.0% | -25.0% |
| Free Cash Flow | -$2M | -$3M | $3M | 39.3% | -149.5% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $764.0K |
| Interest Income | $0 |
| Interest Expense | $175.0K |
| Other Income/Expenses | -$279.0K |
| INCOME BEFORE TAX | $485.0K |
| Income Tax Expense | $60.0K |
| Net Income from Continuing Ops | $425.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $425.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $425.0K |
| D&A | $912.0K |
| EBIT | $660.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $764.0K |
| Interest Income | $0 |
| Interest Expense | $175.0K |
| Other Income/Expenses | -$279.0K |
| INCOME BEFORE TAX | $485.0K |
| Income Tax Expense | $60.0K |
| Net Income from Continuing Ops | $425.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $425.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $425.0K |
| D&A | $912.0K |
| EBIT | $660.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $425.0K |
| Depreciation & Amortization | $912.0K |
| Stock-Based Compensation | $337.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$50.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$661.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $478.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $37M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $12M |
| Goodwill | $12M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $115M |
| Account Payables | $7M |
| Short-Term Debt | $4M |
| Deferred Revenue | $222.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $140.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $532.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $57M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $0 |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $115M |
| Total Debt | $13M |
| Net Debt | $7M |
