| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $13M | 0.1% | -6.4% |
| Op. Income | -$3M | -$3M | -$74.4K | 2.8% | -3364.7% |
| Gross Margin | 7.7% | 7.7% | 14.0% | -0.1pp | -6.3pp |
| Net Margin | -7.9% | -3.7% | -9.4% | -4.2pp | 1.5pp |
| EPS (Diluted) | $-0.09 | $-0.04 | $-1.42 | -109.5% | 93.6% |
| Free Cash Flow | -$9M | -$6M | -$1M | -43.8% | -785.7% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $946.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $318.1K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $127.4K |
| Operating Expenses | $4M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$3M |
| Interest Income | $261.3K |
| Interest Expense | $244.1K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$888.4K |
| Income Tax Expense | $93.2K |
| Net Income from Continuing Ops | -$981.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$981.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$981.5K |
| D&A | $163.8K |
| EBIT | -$644.2K |
| EBITDA | -$480.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$981.5K |
| Depreciation & Amortization | $127.4K |
| Stock-Based Compensation | $104.9K |
| Deferred Income Tax | $792 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$184.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$184.2K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $19.2K |
| Net Receivables | $27M |
| Inventory | $5M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $12M |
| Goodwill | $49.7K |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $69M |
| Account Payables | $12M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $801.5K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $113M |
| Retained Earnings | -$68M |
| Treasury Stock | -$816.7K |
| Accum. Other Comp. Income | -$713.0K |
| Other Equity | -$108 |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | $0 |
| TOTAL EQUITY | $44M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $9M |
| Net Debt | $7M |
