| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $145M | $66M | -18.5% | 79.9% |
| Op. Income | -$15M | $6M | -$30M | -363.3% | 48.2% |
| Gross Margin | 36.3% | 39.5% | 21.9% | -3.3pp | 14.4pp |
| Net Margin | -27.3% | -6.0% | -40.2% | -21.3pp | 12.9pp |
| EPS (Diluted) | $-0.63 | $-0.18 | $-0.54 | -250.0% | -16.7% |
| Free Cash Flow | -$12M | -$24M | $3M | 51.4% | -441.4% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $27M |
| SG&A Expenses | $47M |
| Other Expenses | $11M |
| Operating Expenses | $58M |
| Cost & Expenses | $133M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $11M |
| EBIT | -$16M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $437.0K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$305.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $14M |
| Net Receivables | $0 |
| Inventory | $12M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $539M |
| Goodwill | $42M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $605M |
| TOTAL ASSETS | $788M |
| Account Payables | $17M |
| Short-Term Debt | $23M |
| Deferred Revenue | $245M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $341M |
| Long-Term Debt | $529M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88.0K |
| TOTAL NON-CURRENT LIABILITIES | $533M |
| TOTAL LIABILITIES | $874M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$267M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$114M |
| Minority Interest | $28M |
| TOTAL EQUITY | -$86M |
| TOTAL LIABILITIES & EQUITY | $788M |
| Total Debt | $557M |
| Net Debt | $470M |
