| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $103M | $97M | 5.4% | 11.4% |
| Op. Income | -$2M | -$6M | -$11M | 71.1% | 84.4% |
| Gross Margin | 29.0% | 27.6% | 23.0% | 1.4pp | 6.0pp |
| Net Margin | -2.2% | -3.9% | -6.4% | 1.6pp | 4.2pp |
| EPS (Diluted) | $-0.13 | $-0.23 | $-0.36 | 43.5% | 63.9% |
| Free Cash Flow | -$9M | -$319.0K | $5M | -2808.2% | -300.8% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $12M |
| SG&A Expenses | $38M |
| Other Expenses | -$5M |
| Operating Expenses | $33M |
| Cost & Expenses | $110M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$582.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $62.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $6M |
| EBIT | $664.0K |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$806.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$221.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $84M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $148M |
| PP&E (Net) | $176M |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $197M |
| TOTAL ASSETS | $346M |
| Account Payables | $53M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $85M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $238M |
| Common Stock | $18M |
| Additional Paid-In Capital | $67M |
| Retained Earnings | $64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $346M |
| Total Debt | $117M |
| Net Debt | $111M |
