| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | $156M | $147M | 7.9% | 14.8% |
| Op. Income | $19M | $11M | $9M | 80.2% | 113.3% |
| Gross Margin | 28.5% | 27.2% | 23.5% | 1.3pp | 5.0pp |
| Net Margin | 1.7% | -3.8% | -3.5% | 5.5pp | 5.2pp |
| EPS (Diluted) | $0.02 | $-0.04 | $-0.04 | 153.5% | 155.7% |
| Free Cash Flow | $52M | $76M | $41M | -31.0% | 26.2% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $48M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $19M |
| Interest Income | $726.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $76M |
| EBIT | $20M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $48M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $19M |
| Interest Income | $726.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $76M |
| EBIT | $20M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$134M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$141M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $28M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $2.6B |
| Goodwill | $0 |
| Intangible Assets | $44M |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $15M |
| Short-Term Debt | $17M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $47M |
| Deferred Tax Liabilities | $145M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
