| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $192M | $130M | -32.8% | -0.9% |
| Op. Income | -$2M | -$2M | -$222.0K | 17.7% | -817.1% |
| Gross Margin | 12.5% | 6.8% | 11.1% | 5.8pp | 1.4pp |
| Net Margin | -3.2% | -1.2% | -1.2% | -1.9pp | -1.9pp |
| EPS (Diluted) | $-0.15 | $-0.09 | $-0.06 | -70.8% | -151.7% |
| Free Cash Flow | -$35M | -$42M | -$15M | 17.3% | -133.9% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $131M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $3M |
| EBIT | -$2M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $142M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $164M |
| PP&E (Net) | $110M |
| Goodwill | $19M |
| Intangible Assets | $49M |
| Long-Term Investments | $14M |
| Tax Assets | $6M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $200M |
| TOTAL ASSETS | $364M |
| Account Payables | $61M |
| Short-Term Debt | $16M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $213M |
| TOTAL LIABILITIES | $326M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $171M |
| Retained Earnings | -$38M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $364M |
| Total Debt | $171M |
| Net Debt | $167M |
