| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $83M | $71M | 3.3% | 21.9% |
| Op. Income | $6M | $5M | -$323.0K | 19.8% | 1849.5% |
| Gross Margin | 35.2% | 33.8% | 30.3% | 1.5pp | 4.9pp |
| Net Margin | 2.4% | 2.4% | -2.2% | 0.1pp | 4.6pp |
| EPS (Diluted) | $0.02 | $0.02 | $-0.02 | 5.6% | 235.4% |
| Free Cash Flow | $851.0K | -$921.0K | -$6M | 192.4% | 113.6% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $30M |
| R&D Expenses | $8M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $897.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| 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 | $3M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $30M |
| R&D Expenses | $8M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $897.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| 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 | $3M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $808.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$549.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $851.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $108M |
| Inventory | $68M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $47M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $294M |
| Account Payables | $63M |
| Short-Term Debt | $40M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $168M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $434M |
| Retained Earnings | -$277M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126M |
| Minority Interest | $0 |
| TOTAL EQUITY | $126M |
| TOTAL LIABILITIES & EQUITY | $294M |
| Total Debt | $55M |
| Net Debt | $30M |
