| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $3M | -18.9% | 12.2% |
| Op. Income | -$2M | -$1M | -$2M | -82.9% | -3.7% |
| Gross Margin | 18.6% | 27.9% | 19.2% | -9.3pp | -0.6pp |
| Net Margin | -33.0% | -45.4% | 368.6% | 12.4pp | -401.7pp |
| EPS (Diluted) | $-0.90 | $1.34 | $16.39 | -167.2% | -105.5% |
| Free Cash Flow | -$1M | -$1M | -$1M | 10.4% | 14.6% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $595.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $109.9K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $1M |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $422.1K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $767.4K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $767.4K |
| Stock-Based Compensation | $35.4K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $933.7K |
| Change in Working Capital | -$156.9K |
| OPERATING CASH FLOW | -$942.2K |
| Capital Expenditure | -$84.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $900.0K |
| Other Investing Activities | $15.7K |
| NET CASH FROM INVESTING | $831.4K |
| Net Debt Issuance | -$480.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$94.2K |
| NET CASH FROM FINANCING | -$763.2K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$874.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $1M |
| Goodwill | $14M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $23.3K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $35M |
| Account Payables | $911.2K |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $176.5K |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $16M |
| Net Debt | $15M |
