| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $152M | $59M | 23.8% | 219.7% |
| Op. Income | $29M | $35M | -$9M | -15.3% | 436.9% |
| Gross Margin | 29.1% | 36.8% | -8.9% | -7.7pp | 38.0pp |
| Net Margin | 11.7% | 19.7% | -17.2% | -8.0pp | 28.9pp |
| EPS (Diluted) | $0.60 | $0.91 | $-0.33 | -34.1% | 281.8% |
| Free Cash Flow | $13M | $25M | -$6M | -48.6% | 306.9% |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $19M |
| Operating Expenses | $26M |
| Cost & Expenses | $159M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | -$293.0K |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $18M |
| EBIT | $28M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $19M |
| Operating Expenses | $26M |
| Cost & Expenses | $159M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | -$293.0K |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $18M |
| EBIT | $28M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$77.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $81M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $130M |
| PP&E (Net) | $476M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $487M |
| TOTAL ASSETS | $617M |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $93M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $85M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $170M |
| TOTAL LIABILITIES | $379M |
| Common Stock | $332.0K |
| Additional Paid-In Capital | $119M |
| Retained Earnings | $118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $237M |
| Minority Interest | $0 |
| TOTAL EQUITY | $237M |
| TOTAL LIABILITIES & EQUITY | $617M |
| Total Debt | $59M |
| Net Debt | $57M |
