| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $66M | — | 3.5% | — |
| Op. Income | -$34M | -$30M | — | -16.0% | — |
| Gross Margin | 14.6% | 21.9% | — | -7.3pp | — |
| Net Margin | -61.5% | -40.2% | — | -21.3pp | — |
| EPS (Diluted) | $-0.85 | $-0.54 | — | -57.4% | — |
| Free Cash Flow | -$2M | $3M | — | -169.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $21M |
| SG&A Expenses | $33M |
| Other Expenses | $11M |
| Operating Expenses | $44M |
| Cost & Expenses | $102M |
| OPERATING INCOME | -$34M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | -$149.0K |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $11M |
| EBIT | -$34M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $10M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $227M |
| PP&E (Net) | $543M |
| Goodwill | $42M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $614M |
| TOTAL ASSETS | $841M |
| Account Payables | $0 |
| Short-Term Debt | $24M |
| Deferred Revenue | $242M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $316M |
| Long-Term Debt | $545M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $300.0K |
| TOTAL NON-CURRENT LIABILITIES | $548M |
| TOTAL LIABILITIES | $864M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$184M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$38M |
| Minority Interest | $14M |
| TOTAL EQUITY | -$24M |
| TOTAL LIABILITIES & EQUITY | $841M |
| Total Debt | $574M |
| Net Debt | $419M |
