| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | — | $40M | — | 11.7% |
| Op. Income | $2M | — | $1M | — | 90.3% |
| Gross Margin | 16.0% | — | 16.1% | — | -0.1pp |
| Net Margin | -1.3% | — | 10.8% | — | -12.1pp |
| EPS (Diluted) | $-0.04 | — | $0.27 | — | -113.0% |
| Free Cash Flow | $4M | — | -$379.0K | — | 1064.4% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$270.0K |
| Income Tax Expense | $290.0K |
| Net Income from Continuing Ops | -$560.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$560.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$560.0K |
| D&A | $858.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$560.0K |
| Depreciation & Amortization | $858.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$105.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$261.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$318.0K |
| Acquisitions (Net) | $52.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $776.0K |
| NET CASH FROM INVESTING | -$267.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $23M |
| Net Receivables | $22M |
| Inventory | $21M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $231.0K |
| Other Non-Current Assets | $231.0K |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $114M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $526.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $526.0K |
| TOTAL LIABILITIES | $25M |
| Common Stock | $53M |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $25M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $0 |
| TOTAL EQUITY | $89M |
| TOTAL LIABILITIES & EQUITY | $114M |
| Total Debt | $0 |
| Net Debt | -$16M |
