| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $66M | $79M | 6.3% | -11.5% |
| Op. Income | $3M | $7M | $5M | -50.5% | -35.6% |
| Gross Margin | 28.4% | 29.4% | 27.5% | -1.0pp | 1.0pp |
| Net Margin | 4.0% | 9.2% | 5.6% | -5.2pp | -1.6pp |
| EPS (Diluted) | $0.14 | $0.30 | $0.22 | -53.3% | -36.4% |
| Free Cash Flow | $5M | $8M | -$899.0K | -34.4% | 700.4% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $9M |
| SG&A Expenses | $16M |
| Other Expenses | $753.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $3M |
| Interest Income | $117.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $227.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $88.0K |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $753.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $9M |
| SG&A Expenses | $16M |
| Other Expenses | $753.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $3M |
| Interest Income | $117.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $227.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $88.0K |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $753.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $753.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$294.0K |
| Other Non-Cash Items | $45.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$982.0K |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $23M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $860.0K |
| Long-Term Investments | $5M |
| Tax Assets | -$5M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $165M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $642.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $642.0K |
| TOTAL LIABILITIES | $25M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $127M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $165M |
| Total Debt | $0 |
| Net Debt | -$105M |
