| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $11M | — | 14.1% |
| Op. Income | $675.4K | — | $413.6K | — | 63.3% |
| Gross Margin | 39.2% | — | 17.4% | — | 21.7pp |
| Net Margin | 4.1% | — | 3.6% | — | 0.5pp |
| EPS (Diluted) | $0.02 | — | $0.02 | — | 31.0% |
| Free Cash Flow | -$3M | — | $431.1K | — | -797.0% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $5M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $675.4K |
| Interest Income | $36.7K |
| Interest Expense | $46.3K |
| Other Income/Expenses | $27.1K |
| INCOME BEFORE TAX | $702.5K |
| Income Tax Expense | $175.9K |
| Net Income from Continuing Ops | $526.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $526.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $526.7K |
| D&A | $165.4K |
| EBIT | $748.9K |
| EBITDA | $914.2K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $5M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $675.4K |
| Interest Income | $36.7K |
| Interest Expense | $46.3K |
| Other Income/Expenses | $27.1K |
| INCOME BEFORE TAX | $702.5K |
| Income Tax Expense | $175.9K |
| Net Income from Continuing Ops | $526.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $526.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $526.7K |
| D&A | $165.4K |
| EBIT | $748.9K |
| EBITDA | $914.2K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $526.7K |
| Depreciation & Amortization | $165.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $4M |
| Other Current Assets | $822.4K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $110.1K |
| Goodwill | $0 |
| Intangible Assets | $962.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $22M |
| Account Payables | $1M |
| Short-Term Debt | $3M |
| Deferred Revenue | $844.3K |
| Other Current Liabilities | $789.9K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $6M |
| Common Stock | $52 |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$538.4K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | -$148.7K |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $3M |
| Net Debt | -$5M |
