| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $29M | $13M | 3.4% | 125.0% |
| Op. Income | $3M | $5M | -$763.2K | -32.0% | 522.8% |
| Gross Margin | 20.8% | 24.8% | 3.6% | -4.0pp | 17.2pp |
| Net Margin | 7.2% | 11.7% | -4.5% | -4.5pp | 11.7pp |
| EPS (Diluted) | $0.05 | $0.08 | $-0.01 | -36.3% | 469.0% |
| Free Cash Flow | $4M | $34.5K | $0 | 12217.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $272.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $15.7K |
| Other Income/Expenses | $277.4K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $342.4K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $272.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $15.7K |
| Other Income/Expenses | $277.4K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $342.4K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $297.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$10.0K |
| Other Non-Cash Items | $116.4K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$153.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$413.5K |
| NET CASH FROM FINANCING | -$624.6K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $51M |
| Goodwill | $0 |
| Intangible Assets | $134.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $53M |
| TOTAL ASSETS | $75M |
| Account Payables | $5M |
| Short-Term Debt | $351.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $834.6K |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $400 |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $75M |
| Total Debt | $44M |
| Net Debt | $39M |
