| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $110M | $97M | 15.8% | 31.4% |
| Op. Income | $7M | $5M | $1M | 39.0% | 585.9% |
| Gross Margin | 25.5% | 24.3% | 23.6% | 1.1pp | 1.9pp |
| Net Margin | 4.1% | 3.3% | 0.2% | 0.8pp | 3.9pp |
| EPS (Diluted) | $0.18 | $0.13 | $0.01 | 38.5% | 1700.0% |
| Free Cash Flow | $8M | $3M | $3M | 138.0% | 199.3% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $7.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $682.0K |
| Other Income/Expenses | -$796.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $7.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $682.0K |
| Other Income/Expenses | -$796.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $822.0K |
| Deferred Income Tax | -$368.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$846.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $49.0K |
| NET CASH FROM INVESTING | -$797.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $74M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $159M |
| PP&E (Net) | $36M |
| Goodwill | $45M |
| Intangible Assets | $68M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $311M |
| Account Payables | $35M |
| Short-Term Debt | $4M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $163M |
| Common Stock | $140M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $45.0K |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $148M |
| Minority Interest | $0 |
| TOTAL EQUITY | $148M |
| TOTAL LIABILITIES & EQUITY | $311M |
| Total Debt | $91M |
| Net Debt | $88M |
