| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $135M | $123M | -1.4% | 8.6% |
| Op. Income | $8M | $12M | $16M | -32.7% | -50.5% |
| Gross Margin | 48.5% | 52.4% | 56.9% | -3.9pp | -8.4pp |
| Net Margin | 4.5% | 6.4% | 9.8% | -1.9pp | -5.2pp |
| EPS (Diluted) | $0.63 | $0.90 | $1.24 | -30.0% | -49.2% |
| Free Cash Flow | $59M | $51M | $61M | 15.7% | -3.6% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $47M |
| SG&A Expenses | $51M |
| Other Expenses | $6M |
| Operating Expenses | $57M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $8M |
| Interest Income | $118M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| 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 | $4M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $47M |
| SG&A Expenses | $51M |
| Other Expenses | $6M |
| Operating Expenses | $57M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $8M |
| Interest Income | $118M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| 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 | $4M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$591.0K |
| Other Non-Cash Items | $49M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $131M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $116M |
| Retained Earnings | $354M |
| Treasury Stock | -$150M |
| Accum. Other Comp. Income | -$367.0K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $322M |
| Minority Interest | $0 |
| TOTAL EQUITY | $322M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
