| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | — | 11.7% | — |
| Op. Income | $767.4K | $193.7K | — | 296.1% | — |
| Gross Margin | 30.9% | 24.9% | — | 6.0pp | — |
| Net Margin | 7.4% | 0.8% | — | 6.6pp | — |
| EPS (Diluted) | $0.02 | $0.00 | — | 958.8% | — |
| Free Cash Flow | -$540.5K | $299.9K | — | -280.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $767.4K |
| Interest Income | $0 |
| Interest Expense | $131.6K |
| Other Income/Expenses | -$82.5K |
| INCOME BEFORE TAX | $684.9K |
| Income Tax Expense | $117.1K |
| Net Income from Continuing Ops | $567.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $567.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $567.8K |
| D&A | $680.6K |
| EBIT | $767.4K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $767.4K |
| Interest Income | $0 |
| Interest Expense | $131.6K |
| Other Income/Expenses | -$82.5K |
| INCOME BEFORE TAX | $684.9K |
| Income Tax Expense | $117.1K |
| Net Income from Continuing Ops | $567.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $567.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $567.8K |
| D&A | $680.6K |
| EBIT | $767.4K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $567.8K |
| Depreciation & Amortization | $681.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$233.1K |
| Other Non-Cash Items | -$9.4K |
| Change in Working Capital | -$945.5K |
| OPERATING CASH FLOW | $60.9K |
| Capital Expenditure | -$601.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$601.4K |
| Net Debt Issuance | $84.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $68.1K |
| FREE CASH FLOW | -$540.5K |
| Net Change in Cash | $460.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467.8K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $591.7K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $15M |
| Account Payables | $0 |
| Short-Term Debt | $694.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $396.4K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $500.0K |
| TOTAL NON-CURRENT LIABILITIES | $500.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $14M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$986.1K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $694.9K |
| Net Debt | $227.2K |
