| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $127M | $27M | 2.1% | 373.7% |
| Op. Income | $12M | $20M | -$34M | -42.6% | 134.5% |
| Gross Margin | 38.4% | 46.3% | -4.9% | -7.9pp | 43.3pp |
| Net Margin | -5.6% | 0.4% | -91.5% | -5.9pp | 85.9pp |
| EPS (Diluted) | $-0.21 | $0.01 | $-0.73 | -1690.9% | 71.2% |
| Free Cash Flow | $65M | $43M | $36M | 53.3% | 83.2% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $12M |
| Interest Income | $1M |
| Interest Expense | $21M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$592.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $43M |
| EBIT | $13M |
| EBITDA | $56M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$940.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$940.0K |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $183M |
| Inventory | $47M |
| Other Current Assets | $57.0K |
| TOTAL CURRENT ASSETS | $420M |
| PP&E (Net) | $26M |
| Goodwill | $134M |
| Intangible Assets | $567M |
| Long-Term Investments | $0 |
| Tax Assets | $24M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $754M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $3M |
| Short-Term Debt | $163M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $434M |
| Long-Term Debt | $538M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $546M |
| TOTAL LIABILITIES | $979M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $538M |
| Retained Earnings | -$281M |
| Treasury Stock | -$62M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $709M |
| Net Debt | $535M |
