| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $44M | $38M | 12.0% | 29.7% |
| Op. Income | $1M | -$1M | $473.0K | 224.7% | 176.5% |
| Gross Margin | 17.1% | 14.0% | 17.0% | 3.1pp | 0.1pp |
| Net Margin | 3.4% | -2.3% | 1.3% | 5.7pp | 2.2pp |
| EPS (Diluted) | $0.16 | $-0.10 | $0.05 | 260.0% | 220.0% |
| Free Cash Flow | -$8M | -$5M | $118.0K | -56.5% | -6478.8% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $92.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $1M |
| Interest Income | $436.0K |
| Interest Expense | $23.0K |
| Other Income/Expenses | $413.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $41.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $92.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $1M |
| Interest Income | $436.0K |
| Interest Expense | $23.0K |
| Other Income/Expenses | $413.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $41.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $978.0K |
| Change in Working Capital | -$334.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$45.0K |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$105.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $9M |
| Net Receivables | $4M |
| Inventory | $1M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $193M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $197M |
| TOTAL ASSETS | $286M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $582.0K |
| TOTAL NON-CURRENT LIABILITIES | $101M |
| TOTAL LIABILITIES | $127M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $187M |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $160M |
| Minority Interest | $0 |
| TOTAL EQUITY | $160M |
| TOTAL LIABILITIES & EQUITY | $286M |
| Total Debt | $109M |
| Net Debt | $39M |
