| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $69M | $70M | 32.1% | 30.7% |
| Op. Income | $5M | $5M | $8M | 8.4% | -41.4% |
| Gross Margin | 34.7% | 31.8% | 35.8% | 2.9pp | -1.1pp |
| Net Margin | 1.7% | 2.7% | 22.0% | -1.0pp | -20.3pp |
| EPS (Diluted) | $0.49 | $0.60 | $4.84 | -18.3% | -89.9% |
| Free Cash Flow | $6M | $5M | -$3M | 26.8% | 284.1% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $550.0K |
| 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 | $5M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $550.0K |
| 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 | $5M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $109.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $629.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$34M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$17.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$147.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $115M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $156M |
| PP&E (Net) | $113M |
| Goodwill | $70M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $209M |
| TOTAL ASSETS | $365M |
| Account Payables | $12M |
| Short-Term Debt | $30M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $113M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $187M |
| TOTAL LIABILITIES | $262M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $43M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | -$448.0K |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $365M |
| Total Debt | $214M |
| Net Debt | $210M |
