| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $129M | $115M | 5.5% | 18.9% |
| Op. Income | $2M | $2M | -$4M | 20.1% | 142.2% |
| Gross Margin | 17.0% | 16.2% | 13.9% | 0.8pp | 3.1pp |
| Net Margin | 0.7% | 0.6% | -4.1% | 0.1pp | 4.8pp |
| EPS (Diluted) | $0.17 | $0.14 | $-0.80 | 22.1% | 121.0% |
| Free Cash Flow | -$10M | -$4M | $458.0K | -137.2% | -2196.1% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $784.0K |
| Other Income/Expenses | -$784.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $77.0K |
| Net Income from Continuing Ops | $975.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $975.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $975.0K |
| D&A | $6M |
| EBIT | $2M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $784.0K |
| Other Income/Expenses | -$784.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $77.0K |
| Net Income from Continuing Ops | $975.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $975.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $975.0K |
| D&A | $6M |
| EBIT | $2M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $975.0K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $974.0K |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | $669.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17.0K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$317.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $10M |
| Other Current Assets | $55.0K |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $313M |
| Goodwill | $7M |
| Intangible Assets | $608.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $322M |
| TOTAL ASSETS | $344M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $229.0K |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $241M |
| TOTAL LIABILITIES | $305M |
| Common Stock | $485.0K |
| Additional Paid-In Capital | $211M |
| Retained Earnings | -$138M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $344M |
| Total Debt | $264M |
| Net Debt | $263M |
