| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $225M | $281M | $239M | -19.9% | -5.9% |
| Op. Income | $14M | $31M | $26M | -54.1% | -44.1% |
| Gross Margin | 59.1% | 57.0% | 59.0% | 2.1pp | 0.1pp |
| Net Margin | 5.5% | 8.5% | 8.1% | -3.0pp | -2.6pp |
| EPS (Diluted) | $0.74 | $1.42 | $1.11 | -47.9% | -33.3% |
| Free Cash Flow | $4M | $7M | $13M | -32.2% | -67.2% |
| Item | Amount |
|---|---|
| REVENUE | $225M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $14M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $225M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $14M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $114M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $272M |
| PP&E (Net) | $347M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $376M |
| TOTAL ASSETS | $648M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $46M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $213M |
| TOTAL LIABILITIES | $352M |
| Common Stock | $32M |
| Additional Paid-In Capital | $108M |
| Retained Earnings | $406M |
| Treasury Stock | -$249M |
| Accum. Other Comp. Income | -$756.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $296M |
| Minority Interest | $0 |
| TOTAL EQUITY | $296M |
| TOTAL LIABILITIES & EQUITY | $648M |
| Total Debt | $222M |
| Net Debt | $102M |
