| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $44M | $39M | 13.6% | 28.2% |
| Op. Income | $4M | $4M | $3M | 12.0% | 37.7% |
| Gross Margin | 26.5% | 27.0% | 29.0% | -0.6pp | -2.6pp |
| Net Margin | 7.2% | 9.8% | 11.6% | -2.7pp | -4.4pp |
| EPS (Diluted) | $0.26 | $0.31 | $0.33 | -17.0% | -20.4% |
| Free Cash Flow | -$9M | -$1M | -$6.7K | -604.4% | -139020.0% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $9M |
| Other Expenses | -$8.3K |
| Operating Expenses | $9M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | $175.3K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $901.1K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $541.5K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $9M |
| Other Expenses | -$8.3K |
| Operating Expenses | $9M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | $175.3K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $901.1K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $541.5K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $541.5K |
| Stock-Based Compensation | $142.0K |
| Deferred Income Tax | -$178.3K |
| Other Non-Cash Items | -$341.3K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $560.5K |
| Net Debt Issuance | -$164.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$164.3K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $10M |
| Net Receivables | $17M |
| Inventory | $9M |
| Other Current Assets | $750.9K |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $5M |
| Goodwill | $3.3K |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $58M |
| Account Payables | $3M |
| Short-Term Debt | $207.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $339.0K |
| Other Non-Current Liabilities | $85.5K |
| TOTAL NON-CURRENT LIABILITIES | $536.1K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $137.9K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $34M |
| Treasury Stock | -$58.1K |
| Accum. Other Comp. Income | $4.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $319.1K |
| Net Debt | -$12M |
