| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $47M | — | -20.9% | — |
| Op. Income | -$4.0K | -$6M | — | 99.9% | — |
| Gross Margin | 22.2% | 20.6% | — | 1.7pp | — |
| Net Margin | 0.8% | -12.0% | — | 12.8pp | — |
| EPS (Diluted) | $0.10 | $-1.94 | — | 105.2% | — |
| Free Cash Flow | -$9M | $2M | — | -477.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $3.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$4.0K |
| Interest Income | $0 |
| Interest Expense | $939.0K |
| Other Income/Expenses | $326.0K |
| INCOME BEFORE TAX | $322.0K |
| Income Tax Expense | -$5.0K |
| Net Income from Continuing Ops | $327.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $289.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289.0K |
| D&A | $380.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $289.0K |
| Depreciation & Amortization | $380.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$454.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$136.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$228.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $50.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $2M |
| Net Receivables | $15M |
| Inventory | $76M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $18M |
| Goodwill | $4M |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $593.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $145M |
| Account Payables | $10M |
| Short-Term Debt | $11M |
| Deferred Revenue | $39.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $84M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $593.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $756.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $16M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$723.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $8M |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $145M |
| Total Debt | $103M |
| Net Debt | $96M |
