| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $10M | — | -37.2% |
| Op. Income | $297.2K | — | $271.6K | — | 9.4% |
| Gross Margin | 7.3% | — | 4.7% | — | 2.6pp |
| Net Margin | 4.8% | — | 2.8% | — | 2.0pp |
| EPS (Diluted) | $0.02 | — | $0.02 | — | 7.0% |
| Free Cash Flow | $773.5K | — | $612.3K | — | 26.3% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $461.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $164.5K |
| Other Expenses | $0 |
| Operating Expenses | $164.5K |
| Cost & Expenses | $6M |
| OPERATING INCOME | $297.2K |
| Interest Income | $499 |
| Interest Expense | $373 |
| Other Income/Expenses | $49.1K |
| INCOME BEFORE TAX | $346.3K |
| Income Tax Expense | $44.3K |
| Net Income from Continuing Ops | $302.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $302.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $302.0K |
| D&A | $17.7K |
| EBIT | $346.7K |
| EBITDA | $364.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $461.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $164.5K |
| Other Expenses | $0 |
| Operating Expenses | $164.5K |
| Cost & Expenses | $6M |
| OPERATING INCOME | $297.2K |
| Interest Income | $499 |
| Interest Expense | $373 |
| Other Income/Expenses | $49.1K |
| INCOME BEFORE TAX | $346.3K |
| Income Tax Expense | $44.3K |
| Net Income from Continuing Ops | $302.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $302.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $302.0K |
| D&A | $17.7K |
| EBIT | $346.7K |
| EBITDA | $364.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $302.0K |
| Depreciation & Amortization | $17.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$441.4K |
| Change in Working Capital | $441.0K |
| OPERATING CASH FLOW | $775.4K |
| Capital Expenditure | -$1.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$73.7K |
| NET CASH FROM FINANCING | -$73.7K |
| FREE CASH FLOW | $773.5K |
| Net Change in Cash | $714.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $110.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $29.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.8K |
| Tax Assets | $0 |
| Other Non-Current Assets | $311.7K |
| TOTAL NON-CURRENT ASSETS | $350.2K |
| TOTAL ASSETS | $3M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $13.1K |
| Additional Paid-In Capital | $128.2K |
| Retained Earnings | $1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$13.1K |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $16.5K |
| Net Debt | -$2M |
