| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $44M | $36M | 23.2% | 48.3% |
| Op. Income | $1M | $2M | -$6M | -25.1% | 118.6% |
| Gross Margin | 33.8% | 39.8% | 30.0% | -6.0pp | 3.8pp |
| Net Margin | 3.8% | 6.0% | -15.9% | -2.2pp | 19.7pp |
| EPS (Diluted) | $0.58 | $1.49 | $-1.93 | -60.8% | 130.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $18M |
| R&D Expenses | $3M |
| Selling & Marketing | $8M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $1M |
| Interest Income | $147.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $695.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$158.2K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $673.1K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $18M |
| R&D Expenses | $3M |
| Selling & Marketing | $8M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $1M |
| Interest Income | $147.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $695.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$158.2K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $673.1K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $714.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$305.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $111M |
| PP&E (Net) | $23M |
| Goodwill | $67.4K |
| Intangible Assets | $7M |
| Long-Term Investments | $11M |
| Tax Assets | $928.4K |
| Other Non-Current Assets | $479.1K |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $154M |
| Account Payables | $21M |
| Short-Term Debt | $4M |
| Deferred Revenue | $672.0K |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $132M |
| Retained Earnings | -$73M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $81.8K |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $154M |
| Total Debt | $27M |
| Net Debt | -$9M |
