| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $320M | $313M | -17.2% | -15.3% |
| Op. Income | -$4M | $6M | $12M | -174.3% | -137.9% |
| Gross Margin | 10.7% | 12.5% | 14.3% | -1.8pp | -3.6pp |
| Net Margin | -1.7% | 1.2% | 2.7% | -2.9pp | -4.4pp |
| EPS (Diluted) | $-0.32 | $0.26 | $0.58 | -223.1% | -155.2% |
| Free Cash Flow | $39.0K | -$18M | — | 100.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $237M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $7M |
| SG&A Expenses | $29M |
| Other Expenses | $4M |
| Operating Expenses | $33M |
| Cost & Expenses | $270M |
| OPERATING INCOME | -$4M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | -$537.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $89.0K |
| Capital Expenditure | -$50.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$59.0K |
| FREE CASH FLOW | $39.0K |
| Net Change in Cash | -$13.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $99M |
| Inventory | $249M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $359M |
| PP&E (Net) | $12M |
| Goodwill | $80M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $114M |
| TOTAL ASSETS | $473M |
| Account Payables | $198M |
| Short-Term Debt | $136M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $351M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $364M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $40M |
| Retained Earnings | $72M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$66.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $109M |
| Minority Interest | $0 |
| TOTAL EQUITY | $109M |
| TOTAL LIABILITIES & EQUITY | $473M |
| Total Debt | $149M |
| Net Debt | $147M |
