| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $14M | $12M | 3.9% | 21.2% |
| Op. Income | $7.0K | -$284.0K | $263.0K | 102.5% | -97.3% |
| Gross Margin | 47.9% | 48.7% | 52.4% | -0.8pp | -4.5pp |
| Net Margin | -0.1% | -2.3% | 2.4% | 2.2pp | -2.5pp |
| EPS (Diluted) | $-0.00 | $-0.02 | $0.02 | 94.9% | -106.3% |
| Free Cash Flow | $3M | -$949.0K | $662.0K | 382.6% | 305.1% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $7M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $7.0K |
| Interest Income | $0 |
| Interest Expense | $9.0K |
| Other Income/Expenses | -$9.0K |
| INCOME BEFORE TAX | -$2.0K |
| Income Tax Expense | $14.0K |
| Net Income from Continuing Ops | -$16.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16.0K |
| D&A | $833.0K |
| EBIT | -$2.0K |
| EBITDA | $831.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16.0K |
| Depreciation & Amortization | $560.0K |
| Stock-Based Compensation | $119.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $403.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$604.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$604.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $86.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $15M |
| Goodwill | $335.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.0K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $36M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $143.0K |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $624.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $81M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $9M |
| Net Debt | -$2M |
