| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $138M | $133M | -8.8% | -4.8% |
| Op. Income | $2M | $3M | $1M | -18.9% | 57.7% |
| Gross Margin | 9.3% | 8.3% | 7.8% | 1.0pp | 1.5pp |
| Net Margin | 0.8% | 0.7% | 0.1% | 0.0pp | 0.6pp |
| EPS (Diluted) | $0.09 | $0.09 | $0.02 | -4.0% | 456.7% |
| Free Cash Flow | $4M | -$2M | $2M | 265.1% | 136.9% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $12M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $795.0K |
| Income Tax Expense | -$173.0K |
| Net Income from Continuing Ops | $968.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $968.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $968.0K |
| D&A | $4M |
| EBIT | $2M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $12M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $795.0K |
| Income Tax Expense | -$173.0K |
| Net Income from Continuing Ops | $968.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $968.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $968.0K |
| D&A | $4M |
| EBIT | $2M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $968.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $75.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $704.0K |
| Change in Working Capital | -$168.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $12.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$15.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $158M |
| Inventory | $156M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $43M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $407M |
| Account Payables | $121M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $64.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $282M |
| Common Stock | $47M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$425.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $125M |
| Minority Interest | $0 |
| TOTAL EQUITY | $125M |
| TOTAL LIABILITIES & EQUITY | $407M |
| Total Debt | $115M |
| Net Debt | $113M |
