| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $125M | — | 9.0% | — |
| Op. Income | -$2M | -$5M | — | 53.1% | — |
| Gross Margin | 20.0% | 19.4% | — | 0.6pp | — |
| Net Margin | -4.9% | -8.6% | — | 3.7pp | — |
| EPS (Diluted) | $-0.11 | $-0.17 | — | 35.3% | — |
| Free Cash Flow | -$692.0K | -$12M | — | 94.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $6M |
| Operating Expenses | $29M |
| Cost & Expenses | $138M |
| OPERATING INCOME | -$2M |
| Interest Income | $389.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $364.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $6M |
| EBIT | -$2M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$437.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $138.0K |
| Purchases of Investments | $1.9K |
| Sales/Maturities of Investments | $129.7K |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$108.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$692.0K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $34M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $226M |
| PP&E (Net) | $34M |
| Goodwill | $156M |
| Intangible Assets | $142M |
| Long-Term Investments | $82M |
| Tax Assets | $5M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $419M |
| TOTAL ASSETS | $646M |
| Account Payables | $26M |
| Short-Term Debt | $72M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $135M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $192M |
| TOTAL LIABILITIES | $352M |
| Common Stock | $80M |
| Additional Paid-In Capital | $333M |
| Retained Earnings | $345M |
| Treasury Stock | -$287M |
| Accum. Other Comp. Income | -$176M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $294M |
| Minority Interest | $0 |
| TOTAL EQUITY | $294M |
| TOTAL LIABILITIES & EQUITY | $646M |
| Total Debt | $214M |
| Net Debt | $171M |
