| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $6M | $5M | -61.3% | -52.3% |
| Op. Income | $108.5K | $415.5K | $164.5K | -73.9% | -34.1% |
| Gross Margin | 35.0% | 22.0% | 11.6% | 13.0pp | 23.4pp |
| Net Margin | 4.3% | 26.5% | 5.6% | -22.2pp | -1.4pp |
| EPS (Diluted) | $0.00 | $0.04 | $0.01 | -90.9% | -64.1% |
| Free Cash Flow | -$1M | $2M | -$593.1K | -170.9% | -126.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $758.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $28.2K |
| General & Administrative | $545.0K |
| SG&A Expenses | $573.2K |
| Other Expenses | $77.2K |
| Operating Expenses | $650.4K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $108.5K |
| Interest Income | $25.1K |
| Interest Expense | $32.2K |
| Other Income/Expenses | -$16.0K |
| INCOME BEFORE TAX | $92.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $92.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92.5K |
| D&A | $9.9K |
| EBIT | $124.6K |
| EBITDA | $134.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $758.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $28.2K |
| General & Administrative | $545.0K |
| SG&A Expenses | $573.2K |
| Other Expenses | $77.2K |
| Operating Expenses | $650.4K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $108.5K |
| Interest Income | $25.1K |
| Interest Expense | $32.2K |
| Other Income/Expenses | -$16.0K |
| INCOME BEFORE TAX | $92.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $92.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92.5K |
| D&A | $9.9K |
| EBIT | $124.6K |
| EBITDA | $134.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $92.5K |
| Depreciation & Amortization | $9.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $462.8K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| 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 | -$259.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $301.8K |
| NET CASH FROM FINANCING | $42.1K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $342.5K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $101.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $101.4K |
| TOTAL ASSETS | $6M |
| Account Payables | $714.3K |
| Short-Term Debt | $701.3K |
| Deferred Revenue | $8.8K |
| Other Current Liabilities | $925.6K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $469.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.8K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $552.9K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $539 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $47.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | -$24.1K |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $1M |
| Net Debt | $233.9K |
