| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $50M | $41M | -14.6% | 4.9% |
| Op. Income | $324.3K | $4M | $5M | -92.5% | -93.3% |
| Gross Margin | 20.2% | 26.5% | 31.5% | -6.3pp | -11.3pp |
| Net Margin | 3.8% | 7.2% | 5.9% | -3.4pp | -2.1pp |
| EPS (Diluted) | $0.13 | $0.26 | $0.17 | -48.7% | -23.1% |
| Free Cash Flow | $839.8K | -$9M | -$2M | 109.1% | 137.4% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $324.3K |
| Interest Income | $2M |
| Interest Expense | $119.6K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $475.9K |
| 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 | $570.2K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $324.3K |
| Interest Income | $2M |
| Interest Expense | $119.6K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $475.9K |
| 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 | $570.2K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $570.2K |
| Stock-Based Compensation | $88.0K |
| Deferred Income Tax | $227.3K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$721.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$153.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $839.8K |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $9M |
| Net Receivables | $16M |
| Inventory | $9M |
| Other Current Assets | $343.8K |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $5M |
| Goodwill | $3.2K |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $53M |
| Account Payables | $2M |
| Short-Term Debt | $194.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $748.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $390.2K |
| Other Non-Current Liabilities | $87.7K |
| TOTAL NON-CURRENT LIABILITIES | $611.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $133.8K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $33M |
| Treasury Stock | -$56.4K |
| Accum. Other Comp. Income | $4.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $53M |
| Total Debt | $328.0K |
| Net Debt | -$10M |
