| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $115M | $110M | -1.9% | 2.7% |
| Op. Income | -$6M | -$4M | -$1M | -39.7% | -345.1% |
| Gross Margin | 11.8% | 13.9% | 15.0% | -2.1pp | -3.2pp |
| Net Margin | -5.7% | -4.1% | -1.8% | -1.6pp | -3.9pp |
| EPS (Diluted) | $-1.12 | $-0.80 | $-0.35 | -40.0% | -219.6% |
| Free Cash Flow | -$14M | $458.0K | $1M | -3259.8% | -1483.6% |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $119M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $437.0K |
| Other Income/Expenses | -$437.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$83.0K |
| 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 | $6M |
| EBIT | -$6M |
| EBITDA | -$354.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$84.0K |
| Other Non-Cash Items | $608.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$299.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$654.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $10M |
| Other Current Assets | $155.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $309M |
| Goodwill | $7M |
| Intangible Assets | $654.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $318M |
| TOTAL ASSETS | $338M |
| Account Payables | $15M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $185.0K |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $306M |
| Common Stock | $483.0K |
| Additional Paid-In Capital | $208M |
| Retained Earnings | -$142M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $338M |
| Total Debt | $260M |
| Net Debt | $259M |
