| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $24M | $23M | 2.4% | 8.7% |
| Op. Income | $10M | $10M | $10M | -8.8% | -2.3% |
| Gross Margin | 97.1% | 97.1% | 97.8% | 0.0pp | -0.7pp |
| Net Margin | 4.5% | 7.5% | 8.7% | -3.0pp | -4.2pp |
| EPS (Diluted) | $-0.15 | $-0.13 | $-0.14 | -15.4% | -7.1% |
| Free Cash Flow | $17M | -$2M | $9M | 845.1% | 79.7% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $716.0K |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $11M |
| Operating Expenses | $15M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| 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 | -$5M |
| D&A | $10M |
| EBIT | $7M |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $716.0K |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $11M |
| Operating Expenses | $15M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| 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 | -$5M |
| D&A | $10M |
| EBIT | $7M |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$371.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $16M |
| Short-Term Debt | $100.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $626M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $705M |
| TOTAL LIABILITIES | $726M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $837M |
| Retained Earnings | -$114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $731M |
| Minority Interest | $0 |
| TOTAL EQUITY | $731M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $627M |
| Net Debt | $565M |
