| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $432M | $364M | $342M | 18.4% | 26.2% |
| Op. Income | $84M | $65M | $21M | 28.7% | 308.5% |
| Gross Margin | 39.3% | 40.0% | 30.2% | -0.6pp | 9.1pp |
| Net Margin | 15.8% | 14.1% | 4.1% | 1.6pp | 11.6pp |
| EPS (Diluted) | $0.19 | $0.09 | $0.05 | 104.7% | 309.4% |
| Free Cash Flow | $0 | $0 | $34M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $432M |
| Cost of Revenue | $262M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $64M |
| General & Administrative | $23M |
| SG&A Expenses | $87M |
| Other Expenses | -$1M |
| Operating Expenses | $86M |
| Cost & Expenses | $347M |
| OPERATING INCOME | $84M |
| Interest Income | $5M |
| Interest Expense | $1M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $0 |
| EBIT | $89M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $432M |
| Cost of Revenue | $262M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $64M |
| General & Administrative | $23M |
| SG&A Expenses | $87M |
| Other Expenses | -$1M |
| Operating Expenses | $86M |
| Cost & Expenses | $347M |
| OPERATING INCOME | $84M |
| Interest Income | $5M |
| Interest Expense | $1M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $0 |
| EBIT | $89M |
| EBITDA | $89M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$70M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $932M |
| Short-Term Investments | $100M |
| Net Receivables | $146M |
| Inventory | $203M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $412M |
| Goodwill | $3M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $450M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $440M |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $554M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $625M |
| Common Stock | $13.9K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$107M |
| Accum. Other Comp. Income | $149M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $1M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $99M |
| Net Debt | -$833M |
