| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $16M | -13.9% | -49.0% |
| Op. Income | -$919.1K | -$799.6K | $5M | -15.0% | -118.0% |
| Gross Margin | 8.5% | 27.2% | 48.4% | -18.7pp | -39.9pp |
| Net Margin | -8.5% | -6.0% | 24.8% | -2.5pp | -33.4pp |
| EPS (Diluted) | $-0.65 | $-0.54 | $3.70 | -22.2% | -117.7% |
| Free Cash Flow | $6M | $5M | -$23M | 28.5% | 127.1% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $684.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $14.7K |
| General & Administrative | $593.3K |
| SG&A Expenses | $608.0K |
| Other Expenses | $995.4K |
| Operating Expenses | $2M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$919.1K |
| Interest Income | $72.5K |
| Interest Expense | $27.9K |
| Other Income/Expenses | $44.6K |
| INCOME BEFORE TAX | -$874.5K |
| Income Tax Expense | -$192.7K |
| Net Income from Continuing Ops | -$681.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$681.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$681.8K |
| D&A | $5M |
| EBIT | -$846.6K |
| EBITDA | $4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$681.8K |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$192.7K |
| Other Non-Cash Items | $27.9K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$15.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15.6K |
| Net Debt Issuance | -$264.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$267.8K |
| NET CASH FROM FINANCING | -$267.8K |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$498.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $796.6K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $122M |
| PP&E (Net) | $142M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | -$9M |
| Tax Assets | $5M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $156M |
| TOTAL ASSETS | $278M |
| Account Payables | $221.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $24.5K |
| Additional Paid-In Capital | $101M |
| Retained Earnings | $184M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $260M |
| Minority Interest | $0 |
| TOTAL EQUITY | $260M |
| TOTAL LIABILITIES & EQUITY | $278M |
| Total Debt | $9M |
| Net Debt | -$106M |
