| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $9M | 3.2% | -27.2% |
| Op. Income | $470.8K | $456.4K | $1M | 3.2% | -53.4% |
| Gross Margin | 36.0% | 36.0% | 43.6% | -0.0pp | -7.6pp |
| Net Margin | 9.7% | 9.7% | 14.9% | -0.0pp | -5.2pp |
| EPS (Diluted) | $0.02 | $0.02 | $0.04 | 21.3% | -44.4% |
| Free Cash Flow | $15M | $14M | $3M | 3.2% | 383.0% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $290.1K |
| Selling & Marketing | $918.7K |
| General & Administrative | $633.0K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $470.8K |
| Interest Income | $0 |
| Interest Expense | $39.9K |
| Other Income/Expenses | -$18.4K |
| INCOME BEFORE TAX | $452.3K |
| Income Tax Expense | -$193.7K |
| Net Income from Continuing Ops | $646.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $646.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $646.1K |
| D&A | $38.3K |
| EBIT | $470.8K |
| EBITDA | $509.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $290.1K |
| Selling & Marketing | $918.7K |
| General & Administrative | $633.0K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $470.8K |
| Interest Income | $0 |
| Interest Expense | $39.9K |
| Other Income/Expenses | -$18.4K |
| INCOME BEFORE TAX | $452.3K |
| Income Tax Expense | -$193.7K |
| Net Income from Continuing Ops | $646.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $646.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $646.1K |
| D&A | $38.3K |
| EBIT | $470.8K |
| EBITDA | $509.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $646.1K |
| Depreciation & Amortization | $38.3K |
| Stock-Based Compensation | $38.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$171.5K |
| NET CASH FROM FINANCING | -$171.5K |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $716.9K |
| Goodwill | $0 |
| Intangible Assets | $377.3K |
| Long-Term Investments | $0 |
| Tax Assets | $698.6K |
| Other Non-Current Assets | $737.7K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $50M |
| Account Payables | $37M |
| Short-Term Debt | $4M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $486.6K |
| TOTAL LIABILITIES | $46M |
| Common Stock | $858 |
| Additional Paid-In Capital | $17M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $50M |
| Total Debt | $5M |
| Net Debt | $3M |
