| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $148M | $157M | 1.8% | -4.3% |
| Op. Income | $25M | $8M | $24M | 225.3% | 6.3% |
| Gross Margin | 72.1% | 64.4% | 69.7% | 7.7pp | 2.4pp |
| Net Margin | 3.1% | 0.7% | 9.2% | 2.4pp | -6.1pp |
| EPS (Diluted) | $0.32 | $0.07 | $1.02 | 345.1% | -68.6% |
| Free Cash Flow | $5M | -$2M | $6M | 325.4% | -23.1% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $25M |
| Interest Income | $570.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $25M |
| Interest Income | $570.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $878.0K |
| Deferred Income Tax | -$103.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $54M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $107M |
| PP&E (Net) | $169M |
| Goodwill | $60M |
| Intangible Assets | $71M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $318.0K |
| TOTAL NON-CURRENT ASSETS | $301M |
| TOTAL ASSETS | $408M |
| Account Payables | $42M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $152M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $924.0K |
| TOTAL NON-CURRENT LIABILITIES | $281M |
| TOTAL LIABILITIES | $405M |
| Common Stock | $107.0K |
| Additional Paid-In Capital | $211M |
| Retained Earnings | -$208M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $408M |
| Total Debt | $313M |
| Net Debt | $285M |
