| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $10M | 11.5% | 7.1% |
| Op. Income | -$7M | -$3M | $55.6K | -190.4% | -13491.7% |
| Gross Margin | 98.0% | 97.8% | 90.9% | 0.2pp | 7.2pp |
| Net Margin | -72.2% | -30.0% | 1.7% | -42.2pp | -73.9pp |
| EPS (Diluted) | $-0.60 | $-0.23 | $0.06 | -160.9% | -1043.4% |
| Free Cash Flow | -$1M | -$1M | -$3M | -4.7% | 42.2% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $217.2K |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$7M |
| Interest Income | $103.1K |
| Interest Expense | $452.6K |
| Other Income/Expenses | -$475.4K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $33.1K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $543.9K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $543.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $33.1K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$9.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9.5K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$506.6K |
| NET CASH FROM FINANCING | $633.9K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$857.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $838.6K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $7M |
| Goodwill | $23M |
| Intangible Assets | $9M |
| Long-Term Investments | $973.8K |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $66M |
| Account Payables | $4M |
| Short-Term Debt | $6M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $313.4K |
| Other Non-Current Liabilities | $28.9K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $208.0K |
| Additional Paid-In Capital | $146M |
| Retained Earnings | -$120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $66M |
| Total Debt | $23M |
| Net Debt | $15M |
