| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $92M | $75M | -6.0% | 15.0% |
| Op. Income | $1M | $6M | $2M | -81.8% | -44.7% |
| Gross Margin | 29.4% | 31.1% | 34.1% | -1.7pp | -4.6pp |
| Net Margin | 2.2% | 7.8% | 3.7% | -5.6pp | -1.4pp |
| EPS (Diluted) | $0.51 | $1.97 | $0.80 | -74.1% | -36.4% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $25M |
| R&D Expenses | $11M |
| Selling & Marketing | $10M |
| General & Administrative | $3M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $1M |
| Interest Income | $149.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $615.7K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $62.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $25M |
| R&D Expenses | $11M |
| Selling & Marketing | $10M |
| General & Administrative | $3M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $1M |
| Interest Income | $149.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $615.7K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $62.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $0 |
| Net Receivables | $356.1K |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $233.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $112M |
| Account Payables | $8M |
| Short-Term Debt | $1M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $530.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $105.9K |
| Additional Paid-In Capital | $391M |
| Retained Earnings | -$324M |
| Treasury Stock | -$2.3K |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | -$640.0K |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $112M |
| Total Debt | $4M |
| Net Debt | -$97M |
