| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $49M | $40M | 10.4% | 36.3% |
| Op. Income | $14M | $13M | $11M | 2.0% | 26.6% |
| Gross Margin | 66.2% | 66.1% | 68.6% | 0.1pp | -2.3pp |
| Net Margin | 17.8% | 19.2% | 18.1% | -1.4pp | -0.3pp |
| EPS (Diluted) | $0.31 | $0.30 | $0.23 | 2.4% | 33.9% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $36M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $14M |
| Interest Income | $287.4K |
| Interest Expense | $192.7K |
| Other Income/Expenses | $314.2K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $10M |
| EBIT | $14M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $36M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $14M |
| Interest Income | $287.4K |
| Interest Expense | $192.7K |
| Other Income/Expenses | $314.2K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $10M |
| EBIT | $14M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$897.7K |
| NET CASH FROM FINANCING | -$897.7K |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $4M |
| Other Current Assets | $930.4K |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $88M |
| Goodwill | $12M |
| Intangible Assets | $5M |
| Long-Term Investments | $1M |
| Tax Assets | $4M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $127M |
| TOTAL ASSETS | $217M |
| Account Payables | $38M |
| Short-Term Debt | $4M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $236.0K |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $434M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$375M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $138M |
| Minority Interest | $1M |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $217M |
| Total Debt | $11M |
| Net Debt | -$50M |
