| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | — | $76M | — | 1.1% |
| Op. Income | $723.0K | — | $7M | — | -89.2% |
| Gross Margin | 24.0% | — | 29.4% | — | -5.3pp |
| Net Margin | 1.7% | — | 8.2% | — | -6.6pp |
| EPS (Diluted) | $0.05 | — | $0.31 | — | -82.7% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $18M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $723.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $859.5K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $185.2K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $456.1K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $18M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $723.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $859.5K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $185.2K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $456.1K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | $200.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $22M |
| Goodwill | $2M |
| Intangible Assets | $920.6K |
| Long-Term Investments | $566.5K |
| Tax Assets | $305.3K |
| Other Non-Current Assets | $289.4K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $112M |
| Account Payables | $397.4K |
| Short-Term Debt | $17M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $142.9K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $2.4K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $1M |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $112M |
| Total Debt | $18M |
| Net Debt | -$20M |
