| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $235M | $148M | 0.5% | 59.0% |
| Op. Income | $5M | $15M | $5M | -65.7% | -2.6% |
| Gross Margin | 16.6% | 18.6% | 22.4% | -2.0pp | -5.8pp |
| Net Margin | -0.1% | -10.2% | 1.5% | 10.1pp | -1.6pp |
| EPS (Diluted) | $-0.00 | $-0.26 | $0.02 | 98.9% | -113.7% |
| Free Cash Flow | -$19M | $77M | $34M | -124.8% | -156.9% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $34M |
| Operating Expenses | $34M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $5M |
| Interest Income | $377.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$269.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$269.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$269.7K |
| D&A | $13M |
| EBIT | $5M |
| EBITDA | $18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$269.7K |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $210M |
| Inventory | $133M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $429M |
| PP&E (Net) | $429M |
| Goodwill | $329M |
| Intangible Assets | $5M |
| Long-Term Investments | $69M |
| Tax Assets | $5M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $871M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $150M |
| Short-Term Debt | $8M |
| Deferred Revenue | $64M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $231M |
| Long-Term Debt | $198M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $286M |
| TOTAL LIABILITIES | $517M |
| Common Stock | $219M |
| Additional Paid-In Capital | $385M |
| Retained Earnings | $159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $784M |
| Minority Interest | $0 |
| TOTAL EQUITY | $784M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $230M |
| Net Debt | $152M |
