| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $194M | — | 7.5% | — |
| Op. Income | $26M | $18M | — | 40.8% | — |
| Gross Margin | 34.1% | 32.6% | — | 1.5pp | — |
| Net Margin | 12.5% | 7.8% | — | 4.7pp | — |
| EPS (Diluted) | $0.88 | $0.53 | — | 66.0% | — |
| Free Cash Flow | -$4M | -$14M | — | 75.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $71M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $183M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $608.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $9M |
| EBIT | $26M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $71M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $183M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $608.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $9M |
| EBIT | $26M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$147.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $286.0K |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$351.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $316M |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $165M |
| Other Current Assets | $278.0K |
| TOTAL CURRENT ASSETS | $548M |
| PP&E (Net) | $367M |
| Goodwill | $269.0K |
| Intangible Assets | $9M |
| Long-Term Investments | $376M |
| Tax Assets | $553.0K |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $763M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $80M |
| Short-Term Debt | $27M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $244M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $72M |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $182M |
| TOTAL LIABILITIES | $426M |
| Common Stock | $68.0K |
| Additional Paid-In Capital | $299M |
| Retained Earnings | $656M |
| Treasury Stock | -$66M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $885M |
| Minority Interest | $0 |
| TOTAL EQUITY | $885M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $103M |
| Net Debt | -$213M |
