| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $188M | — | -14.4% | — |
| Op. Income | $22M | $29M | — | -23.9% | — |
| Gross Margin | 53.8% | 29.1% | — | 24.6pp | — |
| Net Margin | 10.5% | 11.7% | — | -1.2pp | — |
| EPS (Diluted) | $0.46 | $0.60 | — | -23.3% | — |
| Free Cash Flow | $1M | $13M | — | -92.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $22M |
| Operating Expenses | $64M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $17M |
| EBIT | $21M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $22M |
| Operating Expenses | $64M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $17M |
| EBIT | $21M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $781.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $47.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $21.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $82M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $477M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $487M |
| TOTAL ASSETS | $600M |
| Account Payables | $48M |
| Short-Term Debt | $18M |
| Deferred Revenue | $89M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $178M |
| Long-Term Debt | $74M |
| Deferred Revenue NC | $66M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $167M |
| TOTAL LIABILITIES | $345M |
| Common Stock | $332.0K |
| Additional Paid-In Capital | $120M |
| Retained Earnings | $135M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $255M |
| Minority Interest | $0 |
| TOTAL EQUITY | $255M |
| TOTAL LIABILITIES & EQUITY | $600M |
| Total Debt | $91M |
| Net Debt | $85M |
