| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $99M | $66M | 2.8% | 53.9% |
| Op. Income | $7M | $6M | $7M | 19.4% | -0.1% |
| Gross Margin | 20.9% | 21.3% | 25.2% | -0.4pp | -4.4pp |
| Net Margin | 1.7% | 0.8% | 7.3% | 0.9pp | -5.6pp |
| EPS (Diluted) | $0.12 | $0.06 | $0.34 | 117.8% | -64.7% |
| Free Cash Flow | $8M | -$1M | $10M | 773.8% | -19.0% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $452.0K |
| 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 | $4M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $452.0K |
| 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 | $4M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $668.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $636.0K |
| Change in Working Capital | $749.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$117.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$117.0K |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $393.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530.0K |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $20M |
| Goodwill | $138M |
| Intangible Assets | $129M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $88.0K |
| TOTAL NON-CURRENT ASSETS | $287M |
| TOTAL ASSETS | $359M |
| Account Payables | $16M |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $159M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $179M |
| TOTAL LIABILITIES | $254M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $359M |
| Total Debt | $208M |
| Net Debt | $208M |
