| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $91M | $68M | 0.4% | 34.1% |
| Op. Income | $6M | $5M | $6M | 12.3% | -5.2% |
| Gross Margin | 35.2% | 34.7% | 32.7% | 0.5pp | 2.4pp |
| Net Margin | 1.2% | 1.7% | 5.1% | -0.6pp | -3.9pp |
| EPS (Diluted) | $0.33 | $0.49 | $1.11 | -32.7% | -70.3% |
| Free Cash Flow | $11M | $6M | $5M | 78.1% | 134.3% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $6.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $297.0K |
| 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 | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $6.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $297.0K |
| 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 | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $287.0K |
| Deferred Income Tax | $59.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$599.0K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$349.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$621.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $114M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $152M |
| PP&E (Net) | $111M |
| Goodwill | $71M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $208M |
| TOTAL ASSETS | $360M |
| Account Payables | $15M |
| Short-Term Debt | $25M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $109M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $852.0K |
| TOTAL NON-CURRENT LIABILITIES | $183M |
| TOTAL LIABILITIES | $256M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $44M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | -$448.0K |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $360M |
| Total Debt | $205M |
| Net Debt | $201M |
