| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | 7.3% | 11.1% |
| Op. Income | $487.0K | $489.0K | $539.0K | -0.4% | -9.6% |
| Gross Margin | 78.7% | 81.0% | 84.4% | -2.4pp | -5.8pp |
| Net Margin | 11.7% | 12.5% | 16.7% | -0.8pp | -5.0pp |
| EPS (Diluted) | $0.04 | $0.05 | $0.06 | -20.0% | -33.3% |
| Free Cash Flow | $320.0K | $367.0K | -$729.0K | -12.8% | 143.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $683.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $47.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $703.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $487.0K |
| Interest Income | $3M |
| Interest Expense | $683.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $487.0K |
| Income Tax Expense | $113.0K |
| Net Income from Continuing Ops | $374.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $374.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $374.0K |
| D&A | $64.0K |
| EBIT | $487.0K |
| EBITDA | $551.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $683.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $47.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $703.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $487.0K |
| Interest Income | $3M |
| Interest Expense | $683.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $487.0K |
| Income Tax Expense | $113.0K |
| Net Income from Continuing Ops | $374.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $374.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $374.0K |
| D&A | $64.0K |
| EBIT | $487.0K |
| EBITDA | $551.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $374.0K |
| Depreciation & Amortization | $64.0K |
| Stock-Based Compensation | $2.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $119.0K |
| Change in Working Capital | -$192.0K |
| OPERATING CASH FLOW | $367.0K |
| Capital Expenditure | -$47.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$108.0K |
| Common Dividends Paid | -$343.0K |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $320.0K |
| Net Change in Cash | -$981.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $14M |
| Net Receivables | $840.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $5M |
| Goodwill | $947.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $299M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $314M |
| TOTAL ASSETS | $335M |
| Account Payables | $15.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $209M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $104.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $284M |
| Common Stock | $86.0K |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $21M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$343.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $335M |
| Total Debt | $73M |
| Net Debt | $66M |
