| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | — | $7M | — | 61.9% |
| Op. Income | $464.7K | — | $96.8K | — | 380.3% |
| Gross Margin | 7.9% | — | 8.9% | — | -1.0pp |
| Net Margin | 2.4% | — | 0.5% | — | 1.9pp |
| EPS (Diluted) | $0.01 | — | $0.00 | — | 871.4% |
| Free Cash Flow | -$86.0K | — | -$1M | — | 92.0% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $910.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $58.3K |
| General & Administrative | $387.5K |
| SG&A Expenses | $445.8K |
| Other Expenses | $2 |
| Operating Expenses | $445.8K |
| Cost & Expenses | $11M |
| OPERATING INCOME | $464.7K |
| Interest Income | $0 |
| Interest Expense | $170.1K |
| Other Income/Expenses | -$169.9K |
| INCOME BEFORE TAX | $294.9K |
| Income Tax Expense | $23.3K |
| Net Income from Continuing Ops | $271.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271.6K |
| D&A | $1.1K |
| EBIT | $464.7K |
| EBITDA | $465.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $910.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $58.3K |
| General & Administrative | $387.5K |
| SG&A Expenses | $445.8K |
| Other Expenses | $2 |
| Operating Expenses | $445.8K |
| Cost & Expenses | $11M |
| OPERATING INCOME | $464.7K |
| Interest Income | $0 |
| Interest Expense | $170.1K |
| Other Income/Expenses | -$169.9K |
| INCOME BEFORE TAX | $294.9K |
| Income Tax Expense | $23.3K |
| Net Income from Continuing Ops | $271.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271.6K |
| D&A | $1.1K |
| EBIT | $464.7K |
| EBITDA | $465.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $271.6K |
| Depreciation & Amortization | $1.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $41.2K |
| Change in Working Capital | -$399.8K |
| OPERATING CASH FLOW | -$86.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $555.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$962.0K |
| NET CASH FROM FINANCING | -$407.0K |
| FREE CASH FLOW | -$86.0K |
| Net Change in Cash | $686.0K |
