| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $271M | — | -54.6% | — |
| Op. Income | -$931.0K | $24M | — | -103.8% | — |
| Gross Margin | 54.6% | 53.8% | — | 0.8pp | — |
| Net Margin | -1.1% | 6.4% | — | -7.5pp | — |
| EPS (Diluted) | $-0.04 | $0.53 | — | -107.5% | — |
| Free Cash Flow | -$36M | $58M | — | -161.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $124M |
| OPERATING INCOME | -$931.0K |
| Interest Income | $0 |
| Interest Expense | $876.0K |
| Other Income/Expenses | -$830.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$438.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $8M |
| EBIT | -$885.0K |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $618.0K |
| Deferred Income Tax | $37.0K |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $3.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $39.0K |
| Other Investing Activities | $42.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$832.0K |
| Common Stock Repurchased | -$455.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$289.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $152M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $276M |
| Goodwill | $402.0K |
| Intangible Assets | $241.0K |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $291M |
| TOTAL ASSETS | $503M |
| Account Payables | $55M |
| Short-Term Debt | $17M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $173M |
| TOTAL LIABILITIES | $281M |
| Common Stock | $96M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $130M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $153.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $225M |
| Minority Interest | -$3M |
| TOTAL EQUITY | $221M |
| TOTAL LIABILITIES & EQUITY | $503M |
| Total Debt | $187M |
| Net Debt | $147M |
