| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $84M | $87M | -8.9% | -12.2% |
| Op. Income | -$19M | -$718.0K | $15M | -2497.1% | -227.1% |
| Gross Margin | -16.5% | -4.1% | 23.3% | -12.4pp | -39.7pp |
| Net Margin | -22.6% | -3.5% | 13.3% | -19.1pp | -35.9pp |
| EPS (Diluted) | $-0.10 | $-0.02 | $0.07 | -474.7% | -242.9% |
| Free Cash Flow | $3M | $5M | -$130M | -28.8% | 102.6% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $89M |
| GROSS PROFIT | -$13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $95M |
| OPERATING INCOME | -$19M |
| Interest Income | $1.0K |
| Interest Expense | $6M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $90.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $33M |
| EBIT | -$11M |
| EBITDA | $22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$153.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $36M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $130M |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0K |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $15M |
| Short-Term Debt | $21M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $500M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $504M |
| TOTAL LIABILITIES | $550M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$243M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $37.0K |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $521M |
| Net Debt | $462M |
