| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $57M | $94M | 19.0% | -28.2% |
| Op. Income | $6M | $149.0K | $8M | 4100.0% | -23.6% |
| Gross Margin | 24.6% | 19.4% | 25.1% | 5.2pp | -0.6pp |
| Net Margin | 5.4% | -1.7% | 6.0% | 7.0pp | -0.6pp |
| EPS (Diluted) | $0.26 | $-0.07 | $0.42 | 472.5% | -38.1% |
| Free Cash Flow | $8M | $4M | $2M | 110.3% | 347.3% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $620.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $620.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $458.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$364.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$364.0K |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$169.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $577.0K |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $112M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $173M |
| PP&E (Net) | $33M |
| Goodwill | $42M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $108M |
| TOTAL ASSETS | $281M |
| Account Payables | $15M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $77M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $407.0K |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $14M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $145M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $281M |
| Total Debt | $93M |
| Net Debt | $93M |
