| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $15M | $17M | 2.9% | -7.3% |
| Op. Income | -$403.2K | -$384.5K | $239.5K | -4.9% | -268.4% |
| Gross Margin | 15.5% | 18.5% | 18.5% | -3.0pp | -3.0pp |
| Net Margin | -0.7% | -2.3% | 0.8% | 1.6pp | -1.5pp |
| EPS (Diluted) | $-0.02 | $-0.06 | $0.02 | 68.9% | -184.5% |
| Free Cash Flow | -$547.6K | -$2M | -$2M | 72.3% | 69.7% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$403.2K |
| Interest Income | $7 |
| Interest Expense | $144.0K |
| Other Income/Expenses | $251.1K |
| INCOME BEFORE TAX | -$152.1K |
| Income Tax Expense | -$40.3K |
| Net Income from Continuing Ops | -$111.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$111.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$111.9K |
| D&A | $233.7K |
| EBIT | -$8.1K |
| EBITDA | $225.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$111.9K |
| Depreciation & Amortization | $233.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$40.3K |
| Other Non-Cash Items | $165.0K |
| Change in Working Capital | -$681.6K |
| OPERATING CASH FLOW | -$435.0K |
| Capital Expenditure | -$112.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$112.6K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$547.6K |
| Net Change in Cash | $950.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $17M |
| Other Current Assets | $441.4K |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $519.4K |
| Long-Term Investments | $3M |
| Tax Assets | $1M |
| Other Non-Current Assets | $337.4K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $39M |
| Account Payables | $3M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $4.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $131.3K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $6.6K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $9M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | -$244.5K |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $12M |
| Net Debt | $10M |
