| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $79M | $71M | -2.7% | 8.6% |
| Op. Income | $2M | -$9M | $1M | 117.5% | 13.1% |
| Gross Margin | 65.7% | 64.7% | 67.3% | 1.0pp | -1.6pp |
| Net Margin | -4.4% | -25.3% | -4.4% | 20.9pp | 0.0pp |
| EPS (Diluted) | $-0.09 | $-0.51 | $-0.08 | 83.3% | -4.9% |
| Free Cash Flow | -$3M | -$2M | -$5M | -53.3% | 37.5% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $51M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $2M |
| Interest Income | $16.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $960.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $6M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$598.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$469.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$694.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$235.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $76M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $245M |
| PP&E (Net) | $82M |
| Goodwill | $248M |
| Intangible Assets | $196M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $537M |
| TOTAL ASSETS | $782M |
| Account Payables | $9M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $307M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $442M |
| TOTAL LIABILITIES | $484M |
| Common Stock | $417.0K |
| Additional Paid-In Capital | $327M |
| Retained Earnings | -$1M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $297M |
| Minority Interest | $0 |
| TOTAL EQUITY | $297M |
| TOTAL LIABILITIES & EQUITY | $782M |
| Total Debt | $360M |
| Net Debt | $309M |
