| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $15M | $13M | -16.2% | -2.6% |
| Op. Income | -$6.8K | -$279.6K | -$467.2K | 97.6% | 98.5% |
| Gross Margin | 22.7% | 17.0% | 19.1% | 5.7pp | 3.7pp |
| Net Margin | -0.6% | -1.4% | -3.0% | 0.8pp | 2.4pp |
| EPS (Diluted) | $-0.02 | $-0.06 | $-0.11 | 64.7% | 80.8% |
| Free Cash Flow | $658.0K | $357.5K | -$2M | 84.0% | 133.8% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $111.5K |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$6.8K |
| Interest Income | $0 |
| Interest Expense | $86.6K |
| Other Income/Expenses | -$86.6K |
| INCOME BEFORE TAX | -$93.3K |
| Income Tax Expense | -$19.6K |
| Net Income from Continuing Ops | -$73.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$73.8K |
| D&A | $111.5K |
| EBIT | -$6.8K |
| EBITDA | $104.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$73.8K |
| Depreciation & Amortization | $111.5K |
| Stock-Based Compensation | $23.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$439.4K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $694.2K |
| Capital Expenditure | -$36.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $600.0K |
| NET CASH FROM FINANCING | $600.0K |
| FREE CASH FLOW | $658.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $22M |
| Other Current Assets | $208.6K |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $33.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $35M |
| Account Payables | $1M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $11M |
| Common Stock | $825.5K |
| Additional Paid-In Capital | $765.1K |
| Retained Earnings | $22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $8M |
| Net Debt | $6M |
