| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | $10M | — | -15.0% |
| Op. Income | $785.0K | — | $2M | — | -48.1% |
| Gross Margin | 34.2% | — | 33.0% | — | 1.2pp |
| Net Margin | 8.9% | — | 17.8% | — | -8.9pp |
| EPS (Diluted) | $0.07 | — | $0.15 | — | -52.4% |
| Free Cash Flow | -$1M | — | -$85.1K | — | -1328.0% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $643.7K |
| Selling & Marketing | $155.4K |
| General & Administrative | $653.2K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $785.0K |
| Interest Income | $0 |
| Interest Expense | $327.1K |
| Other Income/Expenses | $77.0K |
| INCOME BEFORE TAX | $861.9K |
| Income Tax Expense | $65.6K |
| Net Income from Continuing Ops | $796.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $796.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $796.4K |
| D&A | $531.2K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $643.7K |
| Selling & Marketing | $155.4K |
| General & Administrative | $653.2K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $785.0K |
| Interest Income | $0 |
| Interest Expense | $327.1K |
| Other Income/Expenses | $77.0K |
| INCOME BEFORE TAX | $861.9K |
| Income Tax Expense | $65.6K |
| Net Income from Continuing Ops | $796.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $796.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $796.4K |
| D&A | $531.2K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $796.4K |
| Depreciation & Amortization | $531.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$173.2K |
| Acquisitions (Net) | $750.8K |
| Purchases of Investments | -$274.3K |
| Sales/Maturities of Investments | -$238.2K |
| Other Investing Activities | $238.2K |
| NET CASH FROM INVESTING | $303.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$365.3K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $678.8K |
| Short-Term Investments | $262.0K |
| Net Receivables | $7M |
| Inventory | $3M |
| Other Current Assets | $188.0K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $31M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14.5K |
| Other Non-Current Liabilities | $11.2K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $1.2K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$992.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $7M |
| Net Debt | $7M |
