| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $194M | $168M | 5.9% | 22.0% |
| Op. Income | $23M | $19M | $19M | 23.3% | 20.4% |
| Gross Margin | 32.0% | 31.5% | 28.5% | 0.5pp | 3.5pp |
| Net Margin | 4.8% | -0.4% | 1.7% | 5.2pp | 3.1pp |
| EPS (Diluted) | $0.08 | $-0.01 | $0.02 | 1285.9% | 254.7% |
| Free Cash Flow | $46M | $64M | $52M | -27.8% | -11.8% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $66M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $23M |
| Interest Income | $3M |
| Interest Expense | $21M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $76M |
| EBIT | $27M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $66M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $23M |
| Interest Income | $3M |
| Interest Expense | $21M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $76M |
| EBIT | $27M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$53M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $101M |
| Inventory | $37M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $279M |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $42M |
| Long-Term Investments | $151M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $24M |
| Short-Term Debt | $17M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $44M |
| Deferred Tax Liabilities | $143M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $126.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
