| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $80M | $63M | -3.5% | 22.0% |
| Op. Income | $29M | $37M | $13M | -22.8% | 118.4% |
| Gross Margin | 49.2% | 50.4% | 32.8% | -1.2pp | 16.3pp |
| Net Margin | 32.3% | 44.5% | 9.3% | -12.1pp | 23.0pp |
| EPS (Diluted) | $0.62 | $0.88 | $0.14 | -29.5% | 342.9% |
| Free Cash Flow | $25M | $29M | $28M | -12.8% | -10.6% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$591.8K |
| Operating Expenses | $9M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $29M |
| Interest Income | $408.3K |
| Interest Expense | $8M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $18M |
| EBIT | $33M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$591.8K |
| Operating Expenses | $9M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $29M |
| Interest Income | $408.3K |
| Interest Expense | $8M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $18M |
| EBIT | $33M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $658.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$952.3K |
| Common Dividends Paid | -$100M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$108M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $156M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $230M |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $8M |
| Short-Term Debt | $52M |
| Deferred Revenue | $3.6K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $605M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $607M |
| TOTAL LIABILITIES | $679M |
| Common Stock | $513.4K |
| Additional Paid-In Capital | $761M |
| Retained Earnings | $205M |
| Treasury Stock | -$122M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $844M |
| Minority Interest | $0 |
| TOTAL EQUITY | $844M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $663M |
| Net Debt | $508M |
