| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $124M | $91M | 10.5% | 50.3% |
| Op. Income | $5M | $5M | -$8M | -3.7% | 161.3% |
| Gross Margin | 24.8% | 25.3% | 27.2% | -0.6pp | -2.4pp |
| Net Margin | 4.7% | 10.4% | 0.5% | -5.7pp | 4.2pp |
| EPS (Diluted) | $0.05 | $0.11 | $0.00 | -50.5% | 1262.5% |
| Free Cash Flow | $2M | -$19M | $13M | 112.2% | -82.8% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $34M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $959.0K |
| Income Tax Expense | -$6M |
| 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 | $14M |
| EBIT | $5M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $34M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $959.0K |
| Income Tax Expense | -$6M |
| 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 | $14M |
| EBIT | $5M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $37M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $230M |
| Inventory | $6M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $279M |
| PP&E (Net) | $179M |
| Goodwill | $310M |
| Intangible Assets | $408M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $92M |
| Short-Term Debt | $5M |
| Deferred Revenue | $82M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $235M |
| Long-Term Debt | $180M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $121M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $318M |
| TOTAL LIABILITIES | $553M |
| Common Stock | $702M |
| Additional Paid-In Capital | $18M |
| Retained Earnings | $7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $738M |
| Minority Interest | $0 |
| TOTAL EQUITY | $738M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $186M |
| Net Debt | $157M |
