| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | $125M | $129M | 2.2% | -1.2% |
| Op. Income | $2M | -$280.0K | $2M | 826.4% | 33.0% |
| Gross Margin | 18.1% | 16.6% | 16.2% | 1.5pp | 1.9pp |
| Net Margin | 0.5% | -1.0% | 0.6% | 1.6pp | -0.1pp |
| EPS (Diluted) | $0.12 | $-0.22 | $0.14 | 154.1% | -11.6% |
| Free Cash Flow | $4M | -$10M | -$4M | 140.1% | 202.2% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $848.0K |
| Income Tax Expense | $148.0K |
| Net Income from Continuing Ops | $700.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $700.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $700.0K |
| D&A | $7M |
| EBIT | $2M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $848.0K |
| Income Tax Expense | $148.0K |
| Net Income from Continuing Ops | $700.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $700.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $700.0K |
| D&A | $7M |
| EBIT | $2M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $700.0K |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $694.0K |
| Deferred Income Tax | $148.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $192.0K |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $41.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$612.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $10M |
| Other Current Assets | $32.0K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $337M |
| Goodwill | $7M |
| Intangible Assets | $569.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $346M |
| TOTAL ASSETS | $369M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $64M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $274.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $261M |
| TOTAL LIABILITIES | $336M |
| Common Stock | $474.0K |
| Additional Paid-In Capital | $209M |
| Retained Earnings | -$142M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $369M |
| Total Debt | $286M |
| Net Debt | $284M |
