| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | — | $16M | — | -1.4% |
| Op. Income | $3M | — | $6M | — | -50.6% |
| Gross Margin | 61.7% | — | 64.4% | — | -2.7pp |
| Net Margin | 8.5% | — | 26.8% | — | -18.3pp |
| EPS (Diluted) | $0.05 | — | $0.19 | — | -72.5% |
| Free Cash Flow | -$6M | — | $5M | — | -209.3% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $3M |
| Interest Income | $23.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$699.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $796.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $515.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $3M |
| Interest Income | $23.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$699.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $796.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $515.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $562.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$99.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$124.0K |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $128.0K |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $56M |
| Account Payables | $68.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $920.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $86.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $152.0K |
| Net Debt | -$19M |
