| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $190M | $166M | -7.4% | 6.0% |
| Op. Income | $25M | $28M | $13M | -11.5% | 84.1% |
| Gross Margin | 30.1% | 30.0% | 22.5% | 0.1pp | 7.6pp |
| Net Margin | 10.3% | 9.4% | 4.8% | 0.9pp | 5.6pp |
| EPS (Diluted) | $1.65 | $1.62 | $0.72 | 1.9% | 129.2% |
| Free Cash Flow | $884.0K | $25M | -$27M | -96.4% | 103.2% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $53M |
| R&D Expenses | $4M |
| Selling & Marketing | $10M |
| General & Administrative | $14M |
| SG&A Expenses | $24M |
| Other Expenses | -$57.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $25M |
| Interest Income | $373.0K |
| Interest Expense | $909.0K |
| Other Income/Expenses | -$593.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $25M |
| EBITDA | $29M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $53M |
| R&D Expenses | $4M |
| Selling & Marketing | $10M |
| General & Administrative | $14M |
| SG&A Expenses | $24M |
| Other Expenses | -$57.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $25M |
| Interest Income | $373.0K |
| Interest Expense | $909.0K |
| Other Income/Expenses | -$593.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $25M |
| EBITDA | $29M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $910.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$384.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$55.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $884.0K |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $11M |
| Net Receivables | $157M |
| Inventory | $188M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $481M |
| PP&E (Net) | $112M |
| Goodwill | $67M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $227M |
| TOTAL ASSETS | $708M |
| Account Payables | $59M |
| Short-Term Debt | $223.0K |
| Deferred Revenue | $28M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $693.0K |
| Deferred Tax Liabilities | $693.0K |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $304M |
| Common Stock | $19M |
| Additional Paid-In Capital | $93M |
| Retained Earnings | $593M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $405M |
| Minority Interest | $0 |
| TOTAL EQUITY | $405M |
| TOTAL LIABILITIES & EQUITY | $708M |
| Total Debt | $138M |
| Net Debt | $39M |
