| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $268M | $181M | -14.0% | 27.2% |
| Op. Income | $31M | $46M | $32M | -32.5% | -3.0% |
| Gross Margin | 28.3% | 30.8% | 29.9% | -2.6pp | -1.6pp |
| Net Margin | -14.6% | 2.6% | 8.6% | -17.2pp | -23.2pp |
| EPS (Diluted) | $-0.22 | $0.02 | $0.08 | -1016.7% | -373.3% |
| Free Cash Flow | -$9M | $8M | -$30M | -212.2% | 69.3% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $1M |
| Operating Expenses | $34M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $429.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $26M |
| EBIT | -$10M |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$17.0K |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$499.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $3M |
| Net Receivables | $5M |
| Inventory | $11M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $153M |
| PP&E (Net) | $839M |
| Goodwill | $744M |
| Intangible Assets | $105M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $40M |
| Short-Term Debt | $6M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $878M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $310M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $338M |
| Retained Earnings | -$346M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $156M |
| Minority Interest | $0 |
| TOTAL EQUITY | $156M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
