| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $74M | $75M | -6.5% | -8.2% |
| Op. Income | $5M | $6M | $10M | -25.3% | -56.1% |
| Gross Margin | 31.8% | 31.1% | 36.7% | 0.8pp | -4.9pp |
| Net Margin | 2.7% | -0.9% | 8.7% | 3.5pp | -6.0pp |
| EPS (Diluted) | $0.60 | $-0.21 | $2.04 | 385.7% | -70.6% |
| Free Cash Flow | $5M | -$88.0K | $1M | 5750.0% | 323.5% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | -$61.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $615.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | -$61.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $615.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $56.0K |
| Other Non-Cash Items | -$12.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$622.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $97M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $137M |
| PP&E (Net) | $97M |
| Goodwill | $41M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $820.0K |
| TOTAL NON-CURRENT ASSETS | $142M |
| TOTAL ASSETS | $279M |
| Account Payables | $7M |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $62M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $122M |
| TOTAL LIABILITIES | $181M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $41M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99M |
| Minority Interest | -$448.0K |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $279M |
| Total Debt | $148M |
| Net Debt | $135M |
