| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $194M | $184M | $156M | 5.3% | 24.3% |
| Op. Income | $19M | $18M | $11M | 5.0% | 75.9% |
| Gross Margin | 31.5% | 29.8% | 27.2% | 1.7pp | 4.4pp |
| Net Margin | -0.4% | 1.2% | -3.8% | -1.6pp | 3.4pp |
| EPS (Diluted) | $-0.01 | $0.02 | $-0.04 | -138.6% | 84.0% |
| Free Cash Flow | $64M | $75M | $76M | -15.2% | -15.7% |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $61M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $19M |
| Interest Income | $3M |
| Interest Expense | $21M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$721.0K |
| Net Income from Continuing Ops | -$808.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$808.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$808.0K |
| D&A | $76M |
| EBIT | $19M |
| EBITDA | $95M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$808.0K |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$903.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $146.0K |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$104M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$695.0K |
| NET CASH FROM FINANCING | -$111M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $169M |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $40M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $306M |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $43M |
| Long-Term Investments | $142M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $21M |
| Short-Term Debt | $20M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $142M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $152M |
| Other Non-Current Liabilities | $559.0K |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $126.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
