| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $329M | $300M | $314M | 9.5% | 4.7% |
| Op. Income | $3M | $20M | $16M | -87.4% | -84.5% |
| Gross Margin | 37.6% | 34.0% | 31.6% | 3.7pp | 6.1pp |
| Net Margin | -1.2% | 2.4% | -7.2% | -3.6pp | 6.1pp |
| EPS (Diluted) | $-0.04 | $0.07 | $-0.21 | -153.0% | 82.3% |
| Free Cash Flow | -$7M | $4M | -$10M | -273.2% | 32.8% |
| Item | Amount |
|---|---|
| REVENUE | $329M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $105M |
| SG&A Expenses | $121M |
| Other Expenses | $0 |
| Operating Expenses | $121M |
| Cost & Expenses | $326M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| 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 | $20M |
| EBIT | $3M |
| EBITDA | $23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$59.0K |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$598.0K |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $180M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $291M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $311M |
| TOTAL ASSETS | $527M |
| Account Payables | $76M |
| Short-Term Debt | $25M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $267M |
| Long-Term Debt | $305M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $490M |
| TOTAL LIABILITIES | $757M |
| Common Stock | $1M |
| Additional Paid-In Capital | $128M |
| Retained Earnings | -$359M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$261.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$230M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$230M |
| TOTAL LIABILITIES & EQUITY | $527M |
| Total Debt | $547M |
| Net Debt | $534M |
