| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | — | $43M | — | -28.2% |
| Op. Income | $556.9K | — | $8M | — | -93.1% |
| Gross Margin | 12.0% | — | 20.7% | — | -8.7pp |
| Net Margin | 3.0% | — | 18.1% | — | -15.2pp |
| EPS (Diluted) | $0.05 | — | $0.79 | — | -93.6% |
| Free Cash Flow | -$6M | — | $4M | — | -268.0% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $13.6K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $556.9K |
| Interest Income | $419 |
| Interest Expense | $0 |
| Other Income/Expenses | $55.5K |
| INCOME BEFORE TAX | $612.4K |
| Income Tax Expense | -$632.4K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $926.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $926.2K |
| D&A | $5M |
| EBIT | $556.9K |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $13.6K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $556.9K |
| Interest Income | $419 |
| Interest Expense | $0 |
| Other Income/Expenses | $55.5K |
| INCOME BEFORE TAX | $612.4K |
| Income Tax Expense | -$632.4K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $926.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $926.2K |
| D&A | $5M |
| EBIT | $556.9K |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $926.2K |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $720.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $30M |
| Goodwill | $8M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $62M |
| TOTAL ASSETS | $105M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $185.7K |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $2.8K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $27M |
| Other Equity | $26M |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | $404.7K |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $105M |
| Total Debt | $11.0K |
| Net Debt | -$9M |
