| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $34M | $35M | -4.5% | -6.8% |
| Op. Income | -$954.0K | $713.0K | $853.0K | -233.8% | -211.8% |
| Gross Margin | 77.3% | 77.1% | 76.5% | 0.2pp | 0.8pp |
| Net Margin | -3.4% | 1.8% | 2.0% | -5.2pp | -5.4pp |
| EPS (Diluted) | $-0.59 | $0.32 | $0.34 | -284.4% | -273.5% |
| Free Cash Flow | -$3M | $1M | $548.0K | -335.5% | -635.9% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$954.0K |
| Interest Income | $0 |
| Interest Expense | $10.0K |
| Other Income/Expenses | $140.0K |
| INCOME BEFORE TAX | -$814.0K |
| Income Tax Expense | $291.0K |
| 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 | $795.0K |
| EBIT | -$804.0K |
| EBITDA | -$9.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $387.0K |
| Stock-Based Compensation | $17.0K |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | $628.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$250.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$250.0K |
| Net Debt Issuance | -$252.0K |
| Common Stock Repurchased | -$98.0K |
| Common Dividends Paid | -$373.0K |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$722.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $16M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $200.0K |
| Long-Term Investments | $2M |
| Tax Assets | $1M |
| Other Non-Current Assets | $460.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $45M |
| Account Payables | $6M |
| Short-Term Debt | $411.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $900.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $0 |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $437.0K |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $45M |
| Total Debt | $7M |
| Net Debt | -$2M |
