| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | — | $26M | — | 24.6% |
| Op. Income | -$3M | — | -$2M | — | -24.0% |
| Gross Margin | 4.8% | — | 7.3% | — | -2.5pp |
| Net Margin | -5.6% | — | 1.5% | — | -7.2pp |
| EPS (Diluted) | $-0.06 | — | $0.01 | — | -551.2% |
| Free Cash Flow | -$7M | — | -$823.2K | — | -802.9% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $266.0K |
| Other Income/Expenses | $809.7K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $3.6K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $19.7K |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | $152.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.3K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $459.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$307.7K |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$915.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $87.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $12M |
| Goodwill | $773.7K |
| Intangible Assets | $230.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $37M |
| Account Payables | $9M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $72.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $672.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $13M |
| Additional Paid-In Capital | $924.1K |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $238.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $43.7K |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $18M |
| Net Debt | $14M |
