| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $3M | -0.7% | 7.2% |
| Op. Income | $301.0K | $521.0K | $344.0K | -42.2% | -12.5% |
| Gross Margin | 92.0% | 98.2% | 96.6% | -6.1pp | -4.6pp |
| Net Margin | 7.9% | 12.3% | 9.4% | -4.4pp | -1.6pp |
| EPS (Diluted) | $0.10 | $0.15 | $0.11 | -33.3% | -9.1% |
| Free Cash Flow | $389.0K | $187.0K | $659.0K | 108.0% | -41.0% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $280.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $23.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $301.0K |
| Interest Income | $3M |
| Interest Expense | $153.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $301.0K |
| Income Tax Expense | $25.0K |
| Net Income from Continuing Ops | $276.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276.0K |
| D&A | $113.0K |
| EBIT | $301.0K |
| EBITDA | $414.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $280.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $23.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $301.0K |
| Interest Income | $3M |
| Interest Expense | $153.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $301.0K |
| Income Tax Expense | $25.0K |
| Net Income from Continuing Ops | $276.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276.0K |
| D&A | $113.0K |
| EBIT | $301.0K |
| EBITDA | $414.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $275.0K |
| Depreciation & Amortization | $113.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $161.0K |
| Change in Working Capital | $72.0K |
| OPERATING CASH FLOW | $621.0K |
| Capital Expenditure | -$232.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$286.0K |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $954.0K |
| FREE CASH FLOW | $389.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $151M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $164M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $178M |
| Tax Assets | $9M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $199M |
| TOTAL ASSETS | $364M |
| Account Payables | $0 |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $329M |
| TOTAL CURRENT LIABILITIES | $346M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $320.0K |
| TOTAL NON-CURRENT LIABILITIES | $320.0K |
| TOTAL LIABILITIES | $346M |
| Common Stock | $3M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $364M |
| Total Debt | $15M |
| Net Debt | $3M |
