| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $12M | $12M | 3.7% | 6.7% |
| Op. Income | -$3M | -$3M | -$344.1K | -17.1% | -776.8% |
| Gross Margin | 9.5% | 7.7% | 14.8% | 1.8pp | -5.4pp |
| Net Margin | -26.1% | -7.9% | -16.4% | -18.2pp | -9.7pp |
| EPS (Diluted) | $-0.27 | $-0.09 | $-1.93 | -197.7% | 86.0% |
| Free Cash Flow | -$7M | -$9M | -$2M | 27.2% | -337.2% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $157.4K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $248.5K |
| Operating Expenses | $4M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$3M |
| Interest Income | $110.6K |
| Interest Expense | $151.3K |
| Other Income/Expenses | -$397.8K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$65.9K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $248.5K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $624.4K |
| Stock-Based Compensation | $109.6K |
| Deferred Income Tax | $573.8K |
| Other Non-Cash Items | -$149.2K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $100.5K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$370.6K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$100.3K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $127.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $17.5K |
| Net Receivables | $29M |
| Inventory | $6M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $13M |
| Goodwill | $49.7K |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $72M |
| Account Payables | $13M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $321.4K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $13.1K |
| Additional Paid-In Capital | $118M |
| Retained Earnings | -$71M |
| Treasury Stock | -$917.0K |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$50.0K |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $0 |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $11M |
| Net Debt | $8M |
