| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $265M | $229M | -1.3% | 14.4% |
| Op. Income | $31M | $19M | $1M | 60.3% | 2113.5% |
| Gross Margin | 54.3% | 58.2% | 48.3% | -3.8pp | 6.1pp |
| Net Margin | 7.6% | 3.7% | -1.9% | 3.9pp | 9.6pp |
| EPS (Diluted) | $0.38 | $0.19 | $-0.09 | 100.0% | 534.8% |
| Free Cash Flow | -$3M | $33M | -$16M | -110.5% | 77.7% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $142M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $100M |
| Operating Expenses | $111M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $22M |
| EBIT | $31M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $142M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $100M |
| Operating Expenses | $111M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $22M |
| EBIT | $31M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$86.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $215M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $278M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $688M |
| PP&E (Net) | $288M |
| Goodwill | $466M |
| Intangible Assets | $303M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $58M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $180M |
| Long-Term Debt | $763M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $870M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $513.0K |
| Additional Paid-In Capital | $580M |
| Retained Earnings | $222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $770M |
| Minority Interest | $0 |
| TOTAL EQUITY | $770M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $770M |
| Net Debt | $555M |
