| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $166M | $215M | -10.8% | -31.0% |
| Op. Income | $9M | $12M | $42M | -26.3% | -79.8% |
| Gross Margin | 14.5% | 15.5% | 26.0% | -1.0pp | -11.5pp |
| Net Margin | 3.3% | 12.8% | 19.1% | -9.5pp | -15.8pp |
| EPS (Diluted) | $0.13 | $0.58 | $1.10 | -77.2% | -87.9% |
| Free Cash Flow | $12M | $41M | $10M | -69.8% | 26.2% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $22M |
| R&D Expenses | $8M |
| Selling & Marketing | $31.1K |
| General & Administrative | $133.5K |
| SG&A Expenses | $5M |
| Other Expenses | -$195.7K |
| Operating Expenses | $13M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $9M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $806.5K |
| Net Income from Continuing Ops | $159.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $5M |
| NET INCOME | $5M |
| Net Income Deductions | $5M |
| BOTTOM LINE NET INCOME | $159.6K |
| D&A | $37M |
| EBIT | $9M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $22M |
| R&D Expenses | $8M |
| Selling & Marketing | $31.1K |
| General & Administrative | $133.5K |
| SG&A Expenses | $5M |
| Other Expenses | -$195.7K |
| Operating Expenses | $13M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $9M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $806.5K |
| Net Income from Continuing Ops | $159.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $5M |
| NET INCOME | $5M |
| Net Income Deductions | $5M |
| BOTTOM LINE NET INCOME | $159.6K |
| D&A | $37M |
| EBIT | $9M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$823 |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $313M |
| Short-Term Investments | $7M |
| Net Receivables | $155M |
| Inventory | $102M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $581M |
| PP&E (Net) | $596M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $149M |
| Tax Assets | $5M |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $842M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $62M |
| Short-Term Debt | $48M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $206M |
| Long-Term Debt | $394M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $437M |
| TOTAL LIABILITIES | $643M |
| Common Stock | $230M |
| Additional Paid-In Capital | $192M |
| Retained Earnings | $269M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $82M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | $780M |
| Minority Interest | $0 |
| TOTAL EQUITY | $780M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $472M |
| Net Debt | $158M |
