| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $66M | $47M | -10.1% | 26.2% |
| Op. Income | -$9M | -$3M | -$863.0K | -156.9% | -905.4% |
| Gross Margin | -8.9% | 16.7% | 5.1% | -25.6pp | -14.0pp |
| Net Margin | -17.2% | -11.8% | -2.2% | -5.4pp | -15.0pp |
| EPS (Diluted) | $-0.33 | $-0.25 | $-0.03 | -32.0% | -879.2% |
| Free Cash Flow | -$6M | $968.0K | -$3M | -730.7% | -122.2% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $64M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $303.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $68M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$177.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $10M |
| EBIT | -$9M |
| EBITDA | $930.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $55.0K |
| Deferred Income Tax | -$177.0K |
| Other Non-Cash Items | -$317.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $131.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$590.0K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $20M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $301M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $313M |
| TOTAL ASSETS | $358M |
| Account Payables | $30M |
| Short-Term Debt | $116M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $182M |
| Common Stock | $308.0K |
| Additional Paid-In Capital | $104M |
| Retained Earnings | $68M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $172M |
| Minority Interest | $4M |
| TOTAL EQUITY | $176M |
| TOTAL LIABILITIES & EQUITY | $358M |
| Total Debt | $117M |
| Net Debt | $113M |
