| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $243M | $229M | $286M | 6.1% | -14.9% |
| Op. Income | $17M | -$12M | $26M | 235.3% | -35.8% |
| Gross Margin | 35.9% | 27.6% | 31.2% | 8.3pp | 4.7pp |
| Net Margin | -0.2% | -12.2% | 3.8% | 12.1pp | -3.9pp |
| EPS (Diluted) | $-0.01 | $-0.71 | $0.27 | 98.7% | -103.5% |
| Free Cash Flow | $27M | -$52M | $44M | 151.7% | -38.7% |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $61M |
| Operating Expenses | $71M |
| Cost & Expenses | $227M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$375.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$375.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$366.0K |
| D&A | $13M |
| EBIT | $14M |
| EBITDA | $27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$375.0K |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $36.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$914.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$198.0K |
| Other Financing Activities | -$34.0K |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45.0K |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $110M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $211M |
| PP&E (Net) | $354M |
| Goodwill | $17M |
| Intangible Assets | $2M |
| Long-Term Investments | -$2M |
| Tax Assets | $14M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $388M |
| TOTAL ASSETS | $599M |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $513M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $547M |
| TOTAL LIABILITIES | $658M |
| Common Stock | -$61M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$61M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$59M |
| TOTAL LIABILITIES & EQUITY | $599M |
| Total Debt | $548M |
| Net Debt | $548M |
