| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $39M | $40M | 6.1% | 2.9% |
| Op. Income | $82.0K | $358.0K | -$88.5K | -77.1% | 192.6% |
| Gross Margin | 4.8% | 6.2% | 6.5% | -1.4pp | -1.7pp |
| Net Margin | 0.6% | 0.3% | 0.3% | 0.3pp | 0.3pp |
| EPS (Diluted) | $0.02 | $0.01 | $0.01 | 86.4% | 106.8% |
| Free Cash Flow | $158.0K | -$178.0K | $13.8K | 188.8% | 1042.5% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $981.0K |
| SG&A Expenses | $981.0K |
| Other Expenses | $901.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $82.0K |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | -$81.0K |
| INCOME BEFORE TAX | $1.0K |
| Income Tax Expense | -$242.0K |
| Net Income from Continuing Ops | $243.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $243.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $243.0K |
| D&A | $303.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $981.0K |
| SG&A Expenses | $981.0K |
| Other Expenses | $901.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $82.0K |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | -$81.0K |
| INCOME BEFORE TAX | $1.0K |
| Income Tax Expense | -$242.0K |
| Net Income from Continuing Ops | $243.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $243.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $243.0K |
| D&A | $303.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $243.0K |
| Depreciation & Amortization | $267.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $386.0K |
| Change in Working Capital | -$738.0K |
| OPERATING CASH FLOW | $158.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$551.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$41.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$592.0K |
| FREE CASH FLOW | $158.0K |
| Net Change in Cash | -$433.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $5M |
| Goodwill | $40M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $67M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $38M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1 |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $43M |
| Net Debt | $36M |
