| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $25M | $23M | 3.4% | 10.9% |
| Op. Income | $213.0K | -$670.0K | -$630.0K | 131.8% | 133.8% |
| Gross Margin | 73.6% | 74.6% | 73.6% | -1.0pp | 0.0pp |
| Net Margin | -0.4% | -0.1% | -3.6% | -0.3pp | 3.2pp |
| EPS (Diluted) | $-0.00 | $-0.00 | $-0.03 | -540.0% | 87.8% |
| Free Cash Flow | $7M | $640.0K | -$3M | 1031.6% | 374.9% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $19M |
| R&D Expenses | $7M |
| Selling & Marketing | $9M |
| General & Administrative | $3M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $213.0K |
| Interest Income | $529.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$16.0K |
| INCOME BEFORE TAX | $197.0K |
| Income Tax Expense | $301.0K |
| Net Income from Continuing Ops | -$104.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$104.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$104.0K |
| D&A | $405.0K |
| EBIT | $213.0K |
| EBITDA | $618.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$104.0K |
| Depreciation & Amortization | $405.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$216.0K |
| Other Non-Cash Items | $410.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$173.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$173.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $975.0K |
| NET CASH FROM FINANCING | $975.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $4M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $96.0K |
| Tax Assets | -$96.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $123M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $42M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $793.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $398M |
| Retained Earnings | -$334M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$96.0K |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $123M |
| Total Debt | $3M |
| Net Debt | -$78M |
