| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206M | $203M | $184M | 1.2% | 11.7% |
| Op. Income | $2M | -$867.0K | $13M | 331.3% | -84.6% |
| Gross Margin | 42.5% | 40.5% | 45.2% | 2.1pp | -2.7pp |
| Net Margin | -6.6% | -16.1% | -1.4% | 9.5pp | -5.2pp |
| EPS (Diluted) | $-0.16 | $-0.39 | $-0.03 | 59.0% | -400.0% |
| Free Cash Flow | -$67M | $34M | $13M | -296.0% | -630.6% |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $87M |
| R&D Expenses | $45M |
| Selling & Marketing | $17M |
| General & Administrative | $24M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $2M |
| Interest Income | $52.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $39M |
| EBIT | -$8M |
| EBITDA | $32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $812.0K |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $279M |
| PP&E (Net) | $84M |
| Goodwill | $1.6B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $14M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $919M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $95M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $162M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.0B |
| Net Debt | $844M |
