| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $113M | $126M | 16.4% | 4.3% |
| Op. Income | $2M | -$6M | $6M | 130.9% | -69.8% |
| Gross Margin | 17.3% | 11.8% | 20.1% | 5.5pp | -2.8pp |
| Net Margin | 1.0% | -5.7% | 4.5% | 6.7pp | -3.5pp |
| EPS (Diluted) | $0.24 | $-1.12 | $0.96 | 121.4% | -75.0% |
| Free Cash Flow | $4M | -$14M | $15M | 126.2% | -74.3% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $489.0K |
| Other Income/Expenses | -$489.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $44.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $6M |
| EBIT | $2M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $489.0K |
| Other Income/Expenses | -$489.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $44.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $6M |
| EBIT | $2M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $44.0K |
| Other Non-Cash Items | $978.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$45.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $188.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $10M |
| Other Current Assets | $152.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $309M |
| Goodwill | $7M |
| Intangible Assets | $640.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $318M |
| TOTAL ASSETS | $339M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $229.0K |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $234M |
| TOTAL LIABILITIES | $304M |
| Common Stock | $484.0K |
| Additional Paid-In Capital | $210M |
| Retained Earnings | -$140M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $339M |
| Total Debt | $255M |
| Net Debt | $253M |
