| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $57M | $101M | 7.0% | -39.8% |
| Op. Income | -$11M | -$22M | $2M | 51.2% | -632.3% |
| Gross Margin | 22.2% | 21.2% | 28.6% | 1.0pp | -6.4pp |
| Net Margin | -6.5% | -37.7% | -3.3% | 31.2pp | -3.2pp |
| EPS (Diluted) | $-0.09 | $-0.49 | $-0.07 | 81.6% | -28.6% |
| Free Cash Flow | -$11M | $8M | $11M | -247.1% | -198.2% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $14M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $802.0K |
| Operating Expenses | $24M |
| Cost & Expenses | $72M |
| OPERATING INCOME | -$11M |
| Interest Income | $3M |
| Interest Expense | $200.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $4M |
| EBIT | -$7M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$89.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$144.0K |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18.0K |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $32M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $275M |
| PP&E (Net) | $106M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $37M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $169M |
| TOTAL ASSETS | $444M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $564.0K |
| Additional Paid-In Capital | $269M |
| Retained Earnings | $310M |
| Treasury Stock | -$199M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $364M |
| Minority Interest | $0 |
| TOTAL EQUITY | $364M |
| TOTAL LIABILITIES & EQUITY | $444M |
| Total Debt | $5M |
| Net Debt | -$168M |
