| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $115M | $93M | 14.7% | 42.2% |
| Op. Income | $11M | $21M | $43M | -48.9% | -75.2% |
| Gross Margin | 40.4% | 54.4% | 95.8% | -14.0pp | -55.4pp |
| Net Margin | 6.4% | 15.1% | 33.2% | -8.7pp | -26.8pp |
| EPS (Diluted) | $0.15 | $0.31 | $0.55 | -51.6% | -72.7% |
| Free Cash Flow | $7M | $237.0K | $39M | 2976.4% | -81.4% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $17M |
| Operating Expenses | $43M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $11M |
| Interest Income | $137M |
| Interest Expense | $78M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $17M |
| Operating Expenses | $43M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $11M |
| Interest Income | $137M |
| Interest Expense | $78M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $32.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $494.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | $44M |
| Net Debt Issuance | $925M |
| Common Stock Repurchased | -$534.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$311M |
| NET CASH FROM FINANCING | $607M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $661M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $211M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $38M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11.5B |
| Tax Assets | $23M |
| Other Non-Current Assets | $320M |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $13.6B |
| Account Payables | $136M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.1B |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $719M |
| Retained Earnings | $429M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $13.6B |
| Total Debt | $2.3B |
| Net Debt | $977M |
