| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $80M | $128M | 87.6% | 18.3% |
| Op. Income | $21M | $22M | $73M | -4.9% | -71.9% |
| Gross Margin | 21.6% | 34.6% | 60.6% | -12.9pp | -39.0pp |
| Net Margin | 4.5% | 4.3% | 11.8% | 0.2pp | -7.4pp |
| EPS (Diluted) | $0.06 | $0.03 | $0.25 | 100.0% | -76.0% |
| Free Cash Flow | $8M | $14M | $33M | -41.1% | -74.2% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $7M |
| Operating Expenses | $12M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | -$2.0K |
| Other Adjustments | $2.0K |
| NET INCOME | $7M |
| Net Income Deductions | -$27.0K |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $38M |
| EBIT | $20M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $7M |
| Operating Expenses | $12M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | -$2.0K |
| Other Adjustments | $2.0K |
| NET INCOME | $7M |
| Net Income Deductions | -$27.0K |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $38M |
| EBIT | $20M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $605.0K |
| Deferred Income Tax | -$853.0K |
| Other Non-Cash Items | -$312.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$30.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $11M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $199M |
| PP&E (Net) | $574M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $37M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $630M |
| TOTAL ASSETS | $829M |
| Account Payables | $47M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $154M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $83M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $223M |
| TOTAL LIABILITIES | $377M |
| Common Stock | $12M |
| Additional Paid-In Capital | $355M |
| Retained Earnings | $141M |
| Treasury Stock | -$59M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $452M |
| Minority Interest | $0 |
| TOTAL EQUITY | $452M |
| TOTAL LIABILITIES & EQUITY | $829M |
| Total Debt | $89M |
| Net Debt | $43M |
