| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $90M | $65M | 38.8% | 91.6% |
| Op. Income | $24M | $34M | $26M | -28.5% | -6.3% |
| Gross Margin | 19.8% | 50.9% | 44.1% | -31.1pp | -24.3pp |
| Net Margin | 14.2% | 7.6% | 52.7% | 6.6pp | -38.5pp |
| EPS (Diluted) | $0.17 | $0.11 | $0.58 | 54.5% | -70.7% |
| Free Cash Flow | -$57M | $17M | -$5M | -435.5% | -1121.2% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$430.0K |
| SG&A Expenses | -$430.0K |
| Other Expenses | $964.0K |
| Operating Expenses | $534.0K |
| Cost & Expenses | $101M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $497.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | -$14.0K |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | -$453.0K |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $26M |
| EBIT | $26M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$430.0K |
| SG&A Expenses | -$430.0K |
| Other Expenses | $964.0K |
| Operating Expenses | $534.0K |
| Cost & Expenses | $101M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $497.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | -$14.0K |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | -$453.0K |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $26M |
| EBIT | $26M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $37M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $139M |
| Inventory | $3M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $200M |
| PP&E (Net) | $589M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $9M |
| Tax Assets | $35M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $656M |
| TOTAL ASSETS | $856M |
| Account Payables | $60M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $162M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $81M |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $227M |
| TOTAL LIABILITIES | $390M |
| Common Stock | $12M |
| Additional Paid-In Capital | $354M |
| Retained Earnings | $147M |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $466M |
| Minority Interest | $0 |
| TOTAL EQUITY | $466M |
| TOTAL LIABILITIES & EQUITY | $856M |
| Total Debt | $89M |
| Net Debt | $52M |
