Reported September 30, 2022
| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $58M | $108M | 10.5% | -41.3% |
| Op. Income | $2M | -$543.4K | $23M | 485.1% | -90.9% |
| Gross Margin | 10.8% | 16.8% | 24.7% | -6.0pp | -14.0pp |
| Net Margin | 13.3% | 10.9% | 20.1% | 2.4pp | -6.8pp |
| EPS (Diluted) | $0.08 | $0.06 | $0.21 | 32.3% | -61.0% |
| Free Cash Flow | $336.7K | $26M | $41M | -98.7% | -99.2% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $776.3K |
| Operating Expenses | $5M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $2M |
| Interest Income | $627.3K |
| Interest Expense | $531.4K |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $776.3K |
| Operating Expenses | $5M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $2M |
| Interest Income | $627.3K |
| Interest Expense | $531.4K |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $662.4K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $336.7K |
| Net Change in Cash | $70.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $11M |
| Net Receivables | $68M |
| Inventory | $111M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $149.9K |
| Long-Term Investments | $2M |
| Tax Assets | $953.7K |
| Other Non-Current Assets | $348M |
| TOTAL NON-CURRENT ASSETS | $409M |
| TOTAL ASSETS | $701M |
| Account Payables | $51M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $63M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $243M |
| Common Stock | $320M |
| Additional Paid-In Capital | -$2M |
| Retained Earnings | $8M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $142M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $458M |
| Minority Interest | $0 |
| TOTAL EQUITY | $458M |
| TOTAL LIABILITIES & EQUITY | $701M |
| Total Debt | $135M |
| Net Debt | $47M |