| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $225M | $251M | $206M | -10.3% | 9.4% |
| Op. Income | -$6M | $22M | $19M | -124.9% | -129.7% |
| Gross Margin | 39.3% | 41.0% | 42.9% | -1.7pp | -3.6pp |
| Net Margin | -3.2% | 7.1% | 7.7% | -10.3pp | -10.9pp |
| EPS (Diluted) | $-0.13 | $0.32 | $0.29 | -140.6% | -144.8% |
| Free Cash Flow | -$7M | $16M | $12M | -145.3% | -161.8% |
| Item | Amount |
|---|---|
| REVENUE | $225M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $88M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $28M |
| Operating Expenses | $94M |
| Cost & Expenses | $231M |
| OPERATING INCOME | -$6M |
| Interest Income | $9.0K |
| Interest Expense | $595.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$441.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $21M |
| EBIT | -$7M |
| EBITDA | $15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $301M |
| Inventory | $234M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $662M |
| PP&E (Net) | $196M |
| Goodwill | $805M |
| Intangible Assets | $297M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $73M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $318M |
| TOTAL LIABILITIES | $486M |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $367M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $272M |
| Net Debt | $176M |
