| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $73M | $59M | -1.4% | 22.3% |
| Op. Income | $9M | $6M | $7M | 40.8% | 26.6% |
| Gross Margin | 27.8% | 22.2% | 29.5% | 5.6pp | -1.7pp |
| Net Margin | 9.2% | 6.6% | 9.2% | 2.6pp | -0.0pp |
| EPS (Diluted) | $0.49 | $0.36 | $0.39 | 36.1% | 25.6% |
| Free Cash Flow | -$4M | $3M | -$12M | -240.0% | 69.2% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $570.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $560.0K |
| Other Income/Expenses | -$517.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $570.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $560.0K |
| Other Income/Expenses | -$517.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $388.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$730.0K |
| Acquisitions (Net) | -$35M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$180.0K |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $115M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $201M |
| PP&E (Net) | $31M |
| Goodwill | $39M |
| Intangible Assets | $36M |
| Long-Term Investments | -$5M |
| Tax Assets | $5M |
| Other Non-Current Assets | $294.0K |
| TOTAL NON-CURRENT ASSETS | $106M |
| TOTAL ASSETS | $307M |
| Account Payables | $27M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$604.0K |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $93M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $448.0K |
| TOTAL NON-CURRENT LIABILITIES | $99M |
| TOTAL LIABILITIES | $155M |
| Common Stock | $14M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $138M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $0 |
| TOTAL EQUITY | $152M |
| TOTAL LIABILITIES & EQUITY | $307M |
| Total Debt | $102M |
| Net Debt | $96M |
