| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $2M | — | -15.5% |
| Op. Income | $326.5K | — | $735.4K | — | -55.6% |
| Gross Margin | 51.3% | — | 50.1% | — | 1.2pp |
| Net Margin | 15.7% | — | 28.6% | — | -12.9pp |
| EPS (Diluted) | $0.20 | — | $0.42 | — | -53.6% |
| Free Cash Flow | $495.1K | — | $916.9K | — | -46.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $880.5K |
| GROSS PROFIT | $926.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $10.1K |
| General & Administrative | $589.9K |
| SG&A Expenses | $600.0K |
| Other Expenses | $0 |
| Operating Expenses | $600.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $326.5K |
| Interest Income | $25.7K |
| Interest Expense | $0 |
| Other Income/Expenses | -$21.4K |
| INCOME BEFORE TAX | $305.1K |
| Income Tax Expense | $21.6K |
| Net Income from Continuing Ops | $283.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $283.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $283.5K |
| D&A | $10.4K |
| EBIT | $326.5K |
| EBITDA | $336.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $880.5K |
| GROSS PROFIT | $926.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $10.1K |
| General & Administrative | $589.9K |
| SG&A Expenses | $600.0K |
| Other Expenses | $0 |
| Operating Expenses | $600.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $326.5K |
| Interest Income | $25.7K |
| Interest Expense | $0 |
| Other Income/Expenses | -$21.4K |
| INCOME BEFORE TAX | $305.1K |
| Income Tax Expense | $21.6K |
| Net Income from Continuing Ops | $283.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $283.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $283.5K |
| D&A | $10.4K |
| EBIT | $326.5K |
| EBITDA | $336.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $283.5K |
| Depreciation & Amortization | $116.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $555.1K |
| Change in Working Capital | -$453.9K |
| OPERATING CASH FLOW | $501.2K |
| Capital Expenditure | -$6.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$265.6K |
| NET CASH FROM INVESTING | -$271.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$322.8K |
| Other Financing Activities | -$574.9K |
| NET CASH FROM FINANCING | -$897.8K |
| FREE CASH FLOW | $495.1K |
| Net Change in Cash | -$334.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $871.8K |
| Short-Term Investments | $126.7K |
| Net Receivables | $307.1K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $130.5K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $736.9K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $4M |
| Account Payables | $0 |
| Short-Term Debt | $480.8K |
| Deferred Revenue | $670.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $275.4K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $498 |
| Additional Paid-In Capital | $260.8K |
| Retained Earnings | $1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $2M |
| Net Debt | $753.6K |
