| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $8M | $9M | 29.1% | 23.3% |
| Op. Income | $308.8K | -$975.0K | $444.4K | 131.7% | -30.5% |
| Gross Margin | 58.3% | 53.9% | 55.5% | 4.4pp | 2.8pp |
| Net Margin | 1.0% | -9.0% | 3.0% | 10.0pp | -1.9pp |
| EPS (Diluted) | $-0.08 | $-0.25 | $-0.04 | 68.0% | -100.0% |
| Free Cash Flow | $522.8K | -$3M | -$5M | 118.8% | 109.9% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $308.8K |
| Interest Income | $5 |
| Interest Expense | $164.6K |
| Other Income/Expenses | -$159.5K |
| INCOME BEFORE TAX | $149.4K |
| Income Tax Expense | $40.9K |
| Net Income from Continuing Ops | $108.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$403.3K |
| D&A | $773.9K |
| EBIT | $314.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $308.8K |
| Interest Income | $5 |
| Interest Expense | $164.6K |
| Other Income/Expenses | -$159.5K |
| INCOME BEFORE TAX | $149.4K |
| Income Tax Expense | $40.9K |
| Net Income from Continuing Ops | $108.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$403.3K |
| D&A | $773.9K |
| EBIT | $314.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $108.5K |
| Depreciation & Amortization | $773.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $203.2K |
| Change in Working Capital | $47.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$609.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$609.7K |
| Net Debt Issuance | -$123.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$123.9K |
| FREE CASH FLOW | $522.8K |
| Net Change in Cash | $398.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $553.2K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $23M |
| Other Current Assets | $453.4K |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $63M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $71M |
| TOTAL ASSETS | $99M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | $0 |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $99M |
| Total Debt | $20M |
| Net Debt | $20M |
