| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $32M | $23M | -8.8% | 24.1% |
| Op. Income | -$8M | $3M | -$5M | -367.2% | -56.0% |
| Gross Margin | 24.8% | 55.1% | 28.5% | -30.3pp | -3.7pp |
| Net Margin | -19.0% | 12.3% | -12.7% | -31.3pp | -6.2pp |
| EPS (Diluted) | $-0.07 | $0.04 | $-0.03 | -259.5% | -101.3% |
| Free Cash Flow | -$18M | -$4M | -$7M | -415.0% | -166.0% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $7M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $15M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $46.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $731 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $5M |
| EBIT | -$5M |
| EBITDA | -$356.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $980.7K |
| Deferred Income Tax | $49.7K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $48.2K |
| Purchases of Investments | -$48.2K |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $817.7K |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$155.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.2K |
| NET CASH FROM FINANCING | -$153.5K |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $8M |
| Net Receivables | $24M |
| Inventory | $65M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $149M |
| PP&E (Net) | $189M |
| Goodwill | $0 |
| Intangible Assets | $40M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $254M |
| TOTAL ASSETS | $403M |
| Account Payables | $14M |
| Short-Term Debt | $58.5K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $86.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $563M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$213M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $372M |
| Minority Interest | $0 |
| TOTAL EQUITY | $372M |
| TOTAL LIABILITIES & EQUITY | $403M |
| Total Debt | $144.7K |
| Net Debt | -$45M |
