| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $13M | 2.7% | -10.2% |
| Op. Income | -$683.5K | -$291.3K | -$10M | -134.6% | 93.4% |
| Gross Margin | 79.5% | 76.0% | 71.6% | 3.6pp | 7.9pp |
| Net Margin | -62.6% | -43.4% | -300.0% | -19.3pp | 237.4pp |
| EPS (Diluted) | $-0.30 | $-0.20 | $-1.57 | -50.0% | 80.9% |
| Free Cash Flow | $2M | -$431.1K | -$2M | 481.9% | 175.1% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$683.5K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$22.6K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $2M |
| EBIT | -$683.5K |
| EBITDA | $979.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$328.2K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$195.4K |
| Common Stock Repurchased | -$264.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$110.9K |
| NET CASH FROM FINANCING | -$571.1K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$16M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $2M |
| Goodwill | $29M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$60M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $152M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $62M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $924.1K |
| Other Non-Current Liabilities | -$65M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $81M |
| Common Stock | $295M |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$250M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $331.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $152M |
| Total Debt | $64M |
| Net Debt | $48M |
