| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $119M | $103M | 3.0% | 19.6% |
| Op. Income | -$4M | -$4M | -$6M | -10.2% | 29.7% |
| Gross Margin | 28.4% | 29.8% | 27.6% | -1.4pp | 0.8pp |
| Net Margin | -3.1% | -3.4% | -3.9% | 0.3pp | 0.8pp |
| EPS (Diluted) | $-0.20 | $-0.22 | $-0.23 | 9.1% | 13.0% |
| Free Cash Flow | -$8M | -$4M | -$319.0K | -100.3% | -2437.3% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $12M |
| SG&A Expenses | $38M |
| Other Expenses | $1M |
| Operating Expenses | $39M |
| Cost & Expenses | $127M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$18.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$579.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $6M |
| EBIT | -$2M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$425.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $56.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$559.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $58M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $165M |
| PP&E (Net) | $70M |
| Goodwill | $0 |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $185M |
| TOTAL ASSETS | $350M |
| Account Payables | $53M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $103M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $735.0K |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $158M |
| TOTAL LIABILITIES | $245M |
| Common Stock | $18M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $350M |
| Total Debt | $136M |
| Net Debt | $126M |
