| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $178M | $147M | -4.8% | 15.0% |
| Op. Income | $18M | $22M | $11M | -17.5% | 61.2% |
| Gross Margin | 31.0% | 29.0% | 26.7% | 2.0pp | 4.3pp |
| Net Margin | 8.3% | 9.3% | 5.4% | -1.0pp | 2.9pp |
| EPS (Diluted) | $0.98 | $1.27 | $0.65 | -22.8% | 50.8% |
| Free Cash Flow | $13M | $11M | $1M | 19.4% | 1075.7% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $53M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $3M |
| Operating Expenses | $34M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $968.0K |
| Other Income/Expenses | -$751.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $53M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $3M |
| Operating Expenses | $34M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $968.0K |
| Other Income/Expenses | -$751.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $710.0K |
| Deferred Income Tax | $519.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$943.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$629.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $126M |
| Inventory | $172M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $381M |
| PP&E (Net) | $58M |
| Goodwill | $25M |
| Intangible Assets | $54M |
| Long-Term Investments | $6M |
| Tax Assets | $7M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $179M |
| TOTAL ASSETS | $560M |
| Account Payables | $65M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $95M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $298M |
| Common Stock | $1M |
| Additional Paid-In Capital | $41M |
| Retained Earnings | $237M |
| Treasury Stock | -$349.0K |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $262M |
| Minority Interest | $0 |
| TOTAL EQUITY | $262M |
| TOTAL LIABILITIES & EQUITY | $560M |
| Total Debt | $119M |
| Net Debt | $48M |
