Reported November 4, 2022
| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $28M | $48M | 102.4% | 19.2% |
| Op. Income | -$543.4K | $37M | $17M | -101.5% | -103.2% |
| Gross Margin | 16.8% | 84.2% | 50.1% | -67.4pp | -33.3pp |
| Net Margin | 10.9% | 58.0% | 53.4% | -47.1pp | -42.5pp |
| EPS (Diluted) | $0.06 | $0.16 | $0.26 | -61.3% | -76.0% |
| Free Cash Flow | $26M | -$33M | $8M | 178.5% | 215.2% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$543.4K |
| Interest Income | $669.8K |
| Interest Expense | $1M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | -$4M |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | -$4M |
| Stock-Based Compensation | $228.7K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $1M |
| Sales/Maturities of Investments | -$7M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $972.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $19M |
| Net Receivables | $78M |
| Inventory | $112M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $320M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $163.6K |
| Long-Term Investments | $2M |
| Tax Assets | $878.4K |
| Other Non-Current Assets | $302M |
| TOTAL NON-CURRENT ASSETS | $354M |
| TOTAL ASSETS | $674M |
| Account Payables | $16M |
| Short-Term Debt | $25M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $66M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $227M |
| Common Stock | $320M |
| Additional Paid-In Capital | -$2M |
| Retained Earnings | $0 |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $139M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $446M |
| Minority Interest | $0 |
| TOTAL EQUITY | $446M |
| TOTAL LIABILITIES & EQUITY | $674M |
| Total Debt | $141M |
| Net Debt | $54M |