| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $28M | $29M | 5.4% | 4.2% |
| Op. Income | $2M | -$457.0K | -$7M | 482.7% | 126.1% |
| Gross Margin | 61.2% | 55.7% | 56.2% | 5.5pp | 5.0pp |
| Net Margin | 2.1% | -5.9% | -23.9% | 7.9pp | 26.0pp |
| EPS (Diluted) | $0.14 | $-0.40 | $-1.70 | 136.6% | 108.5% |
| Free Cash Flow | $2M | $2M | -$2M | -35.0% | 164.6% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $18M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $17M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $974.0K |
| Other Income/Expenses | -$542.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $585.0K |
| Net Income from Continuing Ops | $622.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $622.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $622.0K |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $18M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $17M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $974.0K |
| Other Income/Expenses | -$542.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $585.0K |
| Net Income from Continuing Ops | $622.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $622.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $622.0K |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $622.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$55.0K |
| Other Non-Cash Items | -$333.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$224.0K |
| Acquisitions (Net) | $512.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $288.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$156.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$719.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $27M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $9M |
| Goodwill | $57M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $93M |
| TOTAL ASSETS | $146M |
| Account Payables | $6M |
| Short-Term Debt | $3M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $41M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $546.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $71M |
| Common Stock | $455.0K |
| Additional Paid-In Capital | $230M |
| Retained Earnings | -$142M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $146M |
| Total Debt | $51M |
| Net Debt | $47M |
