| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $150M | $145M | -1.7% | 1.7% |
| Op. Income | $8M | $19M | $8M | -58.6% | 3.8% |
| Gross Margin | 64.4% | 69.9% | 63.9% | -5.5pp | 0.5pp |
| Net Margin | 0.7% | 5.9% | 2.5% | -5.2pp | -1.8pp |
| EPS (Diluted) | $0.07 | $0.62 | $0.25 | -88.4% | -71.2% |
| Free Cash Flow | -$2M | $28M | $19M | -107.7% | -111.8% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $5.0K |
| Operating Expenses | $87M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $5.0K |
| Operating Expenses | $87M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $890.0K |
| Deferred Income Tax | -$173.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$685.0K |
| Common Stock Repurchased | -$153.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$838.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $51M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $173M |
| Goodwill | $60M |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $307M |
| TOTAL ASSETS | $466M |
| Account Payables | $39M |
| Short-Term Debt | $3M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $205M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $340M |
| TOTAL LIABILITIES | $467M |
| Common Stock | $102.0K |
| Additional Paid-In Capital | $212M |
| Retained Earnings | -$212M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$219.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$219.0K |
| TOTAL LIABILITIES & EQUITY | $466M |
| Total Debt | $366M |
| Net Debt | $279M |
