| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $162M | $75M | $66M | 115.5% | 145.5% |
| Op. Income | $12M | -$4M | $14M | 388.7% | -11.7% |
| Gross Margin | 11.5% | -3.2% | 26.3% | 14.8pp | -14.8pp |
| Net Margin | 6.9% | -9.9% | 17.2% | 16.8pp | -10.2pp |
| EPS (Diluted) | $1.58 | $-1.11 | $1.64 | 242.3% | -3.7% |
| Free Cash Flow | -$24M | $9M | -$638.4K | -373.7% | -3683.9% |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $429.4K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $531.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $429.4K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $531.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $531.0K |
| Stock-Based Compensation | $73.0K |
| Deferred Income Tax | -$15.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$72M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.0K |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $84M |
| Common Stock Repurchased | -$29.0K |
| Common Dividends Paid | -$147.0K |
| Other Financing Activities | -$240.0K |
| NET CASH FROM FINANCING | $83M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $76M |
| Inventory | $124M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $413.1K |
| TOTAL NON-CURRENT ASSETS | $53M |
| TOTAL ASSETS | $262M |
| Account Payables | $48M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $136.8K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $104M |
| TOTAL LIABILITIES | $159M |
| Common Stock | $9M |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $70M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $0 |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $262M |
| Total Debt | $102M |
| Net Debt | $100M |
