| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $26M | $23M | 28.2% | 43.5% |
| Op. Income | $2M | $1M | $2M | 94.4% | 39.2% |
| Gross Margin | 70.1% | 68.3% | 72.0% | 1.8pp | -1.9pp |
| Net Margin | -12.6% | -25.4% | -26.8% | 12.8pp | 14.1pp |
| EPS (Diluted) | $-0.14 | $-0.22 | $-0.23 | 36.4% | 39.1% |
| Free Cash Flow | $3M | -$9M | $5M | 138.1% | -27.9% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $23M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $20M |
| Operating Expenses | $21M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$15.0K |
| NET INCOME | -$4M |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$999.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $189.0K |
| NET CASH FROM FINANCING | $189.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $7M |
| Net Receivables | $19M |
| Inventory | $9M |
| Other Current Assets | $427.0K |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $13M |
| Goodwill | $332.0K |
| Intangible Assets | $150M |
| Long-Term Investments | $0 |
| Tax Assets | $288.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $164M |
| TOTAL ASSETS | $224M |
| Account Payables | $11M |
| Short-Term Debt | $764.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $170M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $179M |
| TOTAL LIABILITIES | $202M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $143M |
| Retained Earnings | -$120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | -$355.0K |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $224M |
| Total Debt | $177M |
| Net Debt | $155M |
