| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $291M | $376M | $317M | -22.7% | -8.4% |
| Op. Income | $17M | $100M | $91M | -83.4% | -81.6% |
| Gross Margin | 61.7% | 64.0% | 60.9% | -2.3pp | 0.8pp |
| Net Margin | -3.7% | 18.0% | 13.5% | -21.7pp | -17.2pp |
| EPS (Diluted) | $0.39 | $0.37 | $-0.05 | 3.1% | 874.6% |
| Free Cash Flow | -$92M | $106M | -$22M | -187.3% | -327.8% |
| Item | Amount |
|---|---|
| REVENUE | $291M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $179M |
| R&D Expenses | $0 |
| Selling & Marketing | $101M |
| General & Administrative | $26M |
| SG&A Expenses | $127M |
| Other Expenses | $36M |
| Operating Expenses | $163M |
| Cost & Expenses | $274M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $24M |
| EBIT | $17M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$136M |
| OPERATING CASH FLOW | -$62M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.5K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | -$92M |
| Net Change in Cash | -$159M |
