| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $39M | $37M | -0.2% | 4.0% |
| Op. Income | -$29.0K | $573.0K | $905.0K | -105.1% | -103.2% |
| Gross Margin | 87.1% | 87.3% | 88.7% | -0.1pp | -1.6pp |
| Net Margin | -0.3% | 1.2% | 3.9% | -1.5pp | -4.2pp |
| EPS (Diluted) | $-0.00 | $0.01 | $0.03 | -128.4% | -109.4% |
| Free Cash Flow | $4M | -$5M | $6M | 176.3% | -36.5% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $34M |
| R&D Expenses | $4M |
| Selling & Marketing | $15M |
| General & Administrative | $8M |
| SG&A Expenses | $23M |
| Other Expenses | $6M |
| Operating Expenses | $34M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$29.0K |
| Interest Income | $0 |
| Interest Expense | $879.0K |
| Other Income/Expenses | -$775.0K |
| INCOME BEFORE TAX | -$804.0K |
| Income Tax Expense | -$677.0K |
| Net Income from Continuing Ops | -$127.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$127.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$127.0K |
| D&A | $4M |
| EBIT | $75.0K |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$127.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$984.0K |
| Other Non-Cash Items | -$68.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $148.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $28M |
| Goodwill | $128M |
| Intangible Assets | $24M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $197M |
| TOTAL ASSETS | $224M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $53M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $43M |
| Deferred Revenue NC | $666.0K |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $789.0K |
| Additional Paid-In Capital | $257M |
| Retained Earnings | $29M |
| Treasury Stock | -$186M |
| Accum. Other Comp. Income | -$325.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $224M |
| Total Debt | $51M |
| Net Debt | $48M |
