| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | — | $65M | — | 0.8% |
| Op. Income | $2M | — | -$2M | — | 213.8% |
| Gross Margin | 17.8% | — | 17.9% | — | -0.1pp |
| Net Margin | -4.3% | — | -3.8% | — | -0.5pp |
| EPS (Diluted) | $-0.12 | — | $-0.11 | — | -9.1% |
| Free Cash Flow | $646.0K | — | -$6M | — | 111.5% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $10M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$103.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$42.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $540.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $892.0K |
| FREE CASH FLOW | $646.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $17.0K |
| Net Receivables | $6M |
| Inventory | $2M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $457M |
| Goodwill | $25M |
| Intangible Assets | $2M |
| Long-Term Investments | $5M |
| Tax Assets | $456.0K |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $506M |
| TOTAL ASSETS | $552M |
| Account Payables | $45M |
| Short-Term Debt | $48M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $144.0K |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $164M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $376M |
| TOTAL LIABILITIES | $505M |
| Common Stock | $253.0K |
| Additional Paid-In Capital | $154M |
| Retained Earnings | -$63M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $125.0K |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $552M |
| Total Debt | $430M |
| Net Debt | $414M |
