| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $27M | — | -27.0% |
| Op. Income | $2M | — | $3M | — | -41.3% |
| Gross Margin | 20.5% | — | 19.0% | — | 1.5pp |
| Net Margin | 10.2% | — | 7.8% | — | 2.4pp |
| EPS (Diluted) | $1.06 | — | $2.66 | — | -60.2% |
| Free Cash Flow | -$1M | — | -$48M | — | 97.7% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $4M |
| R&D Expenses | $15.7K |
| Selling & Marketing | $118.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $2M |
| Interest Income | $1M |
| Interest Expense | $265.6K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| 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 | $218.9K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $4M |
| R&D Expenses | $15.7K |
| Selling & Marketing | $118.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $2M |
| Interest Income | $1M |
| Interest Expense | $265.6K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| 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 | $218.9K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $218.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$901.9K |
| Capital Expenditure | -$184.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $1M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $112M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $171.8K |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$26M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $138M |
| Account Payables | $3M |
| Short-Term Debt | $7M |
| Deferred Revenue | $988.8K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $829.9K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | $41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $138M |
| Total Debt | $12M |
| Net Debt | -$13M |
