| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | 2.8% | 3.0% |
| Op. Income | -$3M | -$1M | -$1M | -171.0% | -136.1% |
| Gross Margin | 28.5% | 21.6% | 19.8% | 6.9pp | 8.8pp |
| Net Margin | -146.8% | -41.3% | -57.7% | -105.5pp | -89.1pp |
| EPS (Diluted) | $-0.24 | $-0.08 | $-0.19 | -198.5% | -26.3% |
| Free Cash Flow | -$1M | -$2M | -$1M | 40.7% | 5.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $844.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $168.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$3M |
| Interest Income | $172.0K |
| Interest Expense | $5.0K |
| Other Income/Expenses | -$934.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $52.0K |
| 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 | $218.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $218.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$188.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$34.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$18.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $184.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $764.5K |
| Inventory | $2M |
| Other Current Assets | $432.8K |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $37.5K |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49.4K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $31M |
| Account Payables | $1M |
| Short-Term Debt | $83.2K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $290.3K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $131.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $698.7K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $1.9K |
| Additional Paid-In Capital | $65M |
| Retained Earnings | -$37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$75.7K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $986.3K |
| Net Debt | -$20M |
