| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $4M | 4.6% | 28.7% |
| Op. Income | $4M | $5M | -$17M | -30.8% | 120.5% |
| Gross Margin | 89.7% | 88.7% | 85.8% | 0.9pp | 3.8pp |
| Net Margin | 52.7% | 83.6% | -400.3% | -30.9pp | 453.0pp |
| EPS (Diluted) | $0.35 | $0.56 | $-2.56 | -37.5% | 113.7% |
| Free Cash Flow | $781.4K | $3M | $3M | -71.7% | -70.5% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $595.6K |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $531.8K |
| SG&A Expenses | $531.8K |
| Other Expenses | -$2M |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $4M |
| Interest Income | $6M |
| Interest Expense | $506.9K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | -$5M |
| EBIT | $4M |
| EBITDA | -$1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $595.6K |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $531.8K |
| SG&A Expenses | $531.8K |
| Other Expenses | -$2M |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $4M |
| Interest Income | $6M |
| Interest Expense | $506.9K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | -$5M |
| EBIT | $4M |
| EBITDA | -$1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $444.5K |
| OPERATING CASH FLOW | $781.4K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $301.9K |
| FREE CASH FLOW | $781.4K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $147M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $147M |
| TOTAL ASSETS | $153M |
| Account Payables | $15.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$995.4K |
| TOTAL CURRENT LIABILITIES | $995.4K |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$36M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $161M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $117M |
| Minority Interest | $0 |
| TOTAL EQUITY | $117M |
| TOTAL LIABILITIES & EQUITY | $153M |
| Total Debt | $36M |
| Net Debt | $35M |
