| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $34M | — | -3.7% | — |
| Op. Income | $2M | $3M | — | -34.5% | — |
| Gross Margin | 18.6% | 19.4% | — | -0.8pp | — |
| Net Margin | 3.9% | 5.7% | — | -1.8pp | — |
| EPS (Diluted) | $0.05 | $0.08 | — | -34.7% | — |
| Free Cash Flow | $2M | $1M | — | 79.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $2M |
| Operating Expenses | $4M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $306.9K |
| Other Income/Expenses | -$306.9K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $331.9K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $624.7K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $2M |
| Operating Expenses | $4M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $306.9K |
| Other Income/Expenses | -$306.9K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $331.9K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $624.7K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $624.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $116.3K |
| Change in Working Capital | $269.4K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$145.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $37.5K |
| NET CASH FROM INVESTING | -$108.1K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2.5K |
