| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $43M | $41M | -4.1% | 0.0% |
| Op. Income | $167.3K | $324.3K | $3M | -48.4% | -94.7% |
| Gross Margin | 19.0% | 20.2% | 27.5% | -1.2pp | -8.5pp |
| Net Margin | 4.0% | 3.8% | 6.2% | 0.2pp | -2.2pp |
| EPS (Diluted) | $0.12 | $0.13 | $0.18 | -12.5% | -36.4% |
| Free Cash Flow | $6M | $839.8K | $4M | 580.6% | 50.1% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | -$46.7K |
| Operating Expenses | $8M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $167.3K |
| Interest Income | $2M |
| Interest Expense | $60.3K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $446.2K |
| 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 | $557.2K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | -$46.7K |
| Operating Expenses | $8M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $167.3K |
| Interest Income | $2M |
| Interest Expense | $60.3K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $446.2K |
| 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 | $557.2K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $557.2K |
| Stock-Based Compensation | $78.6K |
| Deferred Income Tax | $132.3K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$242.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $9M |
| Net Receivables | $14M |
| Inventory | $7M |
| Other Current Assets | $738.2K |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $6M |
| 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 | $51M |
| Account Payables | $1M |
| Short-Term Debt | $161.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $730.2K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $415.1K |
| Other Non-Current Liabilities | $90.2K |
| TOTAL NON-CURRENT LIABILITIES | $599.7K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $130.4K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $32M |
| Treasury Stock | -$55.0K |
| Accum. Other Comp. Income | $4.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $256.1K |
| Net Debt | -$10M |
