| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $8M | $21M | 132.7% | -9.4% |
| Op. Income | $1M | -$1M | $2M | 203.4% | -38.1% |
| Gross Margin | 23.3% | 23.6% | 25.6% | -0.3pp | -2.3pp |
| Net Margin | 3.9% | -11.9% | 7.1% | 15.8pp | -3.3pp |
| EPS (Diluted) | $0.21 | $-0.28 | $0.43 | 175.0% | -51.2% |
| Free Cash Flow | $3M | -$2M | $2M | 228.5% | 76.2% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $100.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $152.9K |
| Other Income/Expenses | -$152.9K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $363.2K |
| Net Income from Continuing Ops | $735.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $735.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $735.0K |
| D&A | $100.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $100.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $152.9K |
| Other Income/Expenses | -$152.9K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $363.2K |
| Net Income from Continuing Ops | $735.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $735.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $735.0K |
| D&A | $100.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $735.0K |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$794.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $86.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$102.5K |
| NET CASH FROM INVESTING | -$16.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | -$500.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $21M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $134.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $391.6K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $37M |
| Account Payables | $3M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $147.2K |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13M |
| 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 | $37M |
| Total Debt | $8M |
| Net Debt | $5M |
