| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $87M | $75M | 11.4% | 27.8% |
| Op. Income | -$6M | -$5M | $4M | -13.1% | -233.3% |
| Gross Margin | 19.8% | 24.9% | 31.9% | -5.2pp | -12.2pp |
| Net Margin | 2.3% | -3.9% | 2.2% | 6.3pp | 0.1pp |
| EPS (Diluted) | $0.04 | $-0.06 | $0.03 | 165.0% | 35.1% |
| Free Cash Flow | -$23M | -$245.0K | -$16M | -9202.9% | -43.4% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $102M |
| OPERATING INCOME | -$6M |
| Interest Income | $7.0K |
| Interest Expense | $27.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $620.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $470.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $470.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$244.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$244.0K |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $152.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $65M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $3M |
| Goodwill | $8M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $198M |
| Account Payables | $22M |
| Short-Term Debt | $26.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $607.0K |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $776.0K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $71M |
| Common Stock | $618.0K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | $50M |
| Treasury Stock | -$59M |
| Accum. Other Comp. Income | -$870.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $0 |
| TOTAL EQUITY | $128M |
| TOTAL LIABILITIES & EQUITY | $198M |
| Total Debt | $12M |
| Net Debt | -$6M |
