| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $147M | $111M | -7.1% | 23.6% |
| Op. Income | $8M | $11M | $4M | -28.4% | 81.7% |
| Gross Margin | 25.0% | 26.7% | 21.9% | -1.7pp | 3.0pp |
| Net Margin | 3.7% | 5.4% | 2.9% | -1.7pp | 0.8pp |
| EPS (Diluted) | $0.40 | $0.65 | $0.26 | -38.5% | 53.8% |
| Free Cash Flow | -$10M | $1M | $563.0K | -987.4% | -1838.5% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $34M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $688.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| 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 | $4M |
| EBIT | $7M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $34M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $688.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| 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 | $4M |
| EBIT | $7M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $576.0K |
| Deferred Income Tax | -$451.0K |
| Other Non-Cash Items | -$124.0K |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $87.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$823.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$823.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $114M |
| Inventory | $155M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $334M |
| PP&E (Net) | $63M |
| Goodwill | $26M |
| Intangible Assets | $59M |
| Long-Term Investments | $3M |
| Tax Assets | $5M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $186M |
| TOTAL ASSETS | $520M |
| Account Payables | $65M |
| Short-Term Debt | $7M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $113M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $195M |
| TOTAL LIABILITIES | $305M |
| Common Stock | $1M |
| Additional Paid-In Capital | $39M |
| Retained Earnings | $192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $215M |
| Minority Interest | $0 |
| TOTAL EQUITY | $215M |
| TOTAL LIABILITIES & EQUITY | $520M |
| Total Debt | $138M |
| Net Debt | $87M |
