| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $142M | $149M | -9.3% | -13.7% |
| Op. Income | -$6M | $24M | $10M | -123.6% | -156.1% |
| Gross Margin | -1.1% | 16.4% | 12.2% | -17.5pp | -13.3pp |
| Net Margin | -4.4% | 17.1% | 4.4% | -21.5pp | -8.8pp |
| EPS (Diluted) | $-0.17 | $0.71 | $0.19 | -123.9% | -189.5% |
| Free Cash Flow | -$12M | -$38M | -$19M | 69.0% | 38.0% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $130M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $332.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $135M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$16.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | -$845.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | -$845.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $453M |
| Inventory | $0 |
| Other Current Assets | -$489M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $151M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$151M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.5B |
| Account Payables | $96M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$96M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$100M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $475M |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $468M |
| Minority Interest | $0 |
| TOTAL EQUITY | $468M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $100M |
| Net Debt | $68M |
