| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $133M | $123M | 0.1% | 7.8% |
| Op. Income | $2M | $1M | $3M | 46.0% | -25.1% |
| Gross Margin | 7.6% | 7.8% | 8.1% | -0.1pp | -0.5pp |
| Net Margin | 0.6% | 0.1% | 1.4% | 0.5pp | -0.8pp |
| EPS (Diluted) | $0.07 | $0.02 | $0.16 | 369.4% | -53.9% |
| Free Cash Flow | -$16M | $2M | -$13M | -1074.3% | -30.0% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $992.0K |
| Other Income/Expenses | -$992.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $287.0K |
| Net Income from Continuing Ops | $815.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $815.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $815.0K |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $992.0K |
| Other Income/Expenses | -$992.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $287.0K |
| Net Income from Continuing Ops | $815.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $815.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $815.0K |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $815.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $68.0K |
| Deferred Income Tax | -$220.0K |
| Other Non-Cash Items | $208.0K |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$80.0K |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $150M |
| Inventory | $143M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $326M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $66M |
| TOTAL ASSETS | $391M |
| Account Payables | $112M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $142M |
| Long-Term Debt | $108M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $268M |
| Common Stock | $47M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $75M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $541.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $391M |
| Total Debt | $131M |
| Net Debt | $130M |
