| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $68M | $54M | -2.4% | 22.1% |
| Op. Income | $7M | $9M | $5M | -18.3% | 58.6% |
| Gross Margin | 33.2% | 34.1% | 32.7% | -0.9pp | 0.4pp |
| Net Margin | 8.4% | 9.4% | 7.6% | -0.9pp | 0.8pp |
| EPS (Diluted) | $0.39 | $0.47 | $0.30 | -17.0% | 30.0% |
| Free Cash Flow | -$5M | -$5M | $4M | -11.8% | -235.3% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $7M |
| Interest Income | $78.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$107.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $893.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $7M |
| Interest Income | $78.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$107.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $893.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $893.0K |
| Stock-Based Compensation | $213.0K |
| Deferred Income Tax | $27.0K |
| Other Non-Cash Items | $99.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$831.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $686.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $5M |
| Net Receivables | $35M |
| Inventory | $97M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $166M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $302.0K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $193M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $516.0K |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $83.0K |
| Other Non-Current Liabilities | $726.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $704.0K |
| Additional Paid-In Capital | $70M |
| Retained Earnings | $78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$539.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $148M |
| Minority Interest | $0 |
| TOTAL EQUITY | $148M |
| TOTAL LIABILITIES & EQUITY | $193M |
| Total Debt | $3M |
| Net Debt | -$24M |
