| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $266M | $272M | $259M | -2.0% | 3.0% |
| Op. Income | $6M | $9M | $7M | -36.2% | -19.8% |
| Gross Margin | 27.6% | 28.2% | 27.7% | -0.6pp | -0.0pp |
| Net Margin | 1.5% | 2.3% | 1.9% | -0.9pp | -0.5pp |
| EPS (Diluted) | $0.17 | $0.28 | $0.22 | -39.3% | -22.7% |
| Free Cash Flow | -$4M | $8M | $6M | -145.6% | -160.2% |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $60M |
| Operating Expenses | $68M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $603.0K |
| Other Income/Expenses | -$603.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $6M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $60M |
| Operating Expenses | $68M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $603.0K |
| Other Income/Expenses | -$603.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $6M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $297.0K |
| Deferred Income Tax | $167.0K |
| Other Non-Cash Items | -$23.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$175.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $111M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $507M |
| Goodwill | $5M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | -$15M |
| TOTAL NON-CURRENT ASSETS | $521M |
| TOTAL ASSETS | $664M |
| Account Payables | $69M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | -$32M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $377M |
| TOTAL LIABILITIES | $509M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $98M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $156M |
| Minority Interest | $0 |
| TOTAL EQUITY | $156M |
| TOTAL LIABILITIES & EQUITY | $664M |
| Total Debt | $401M |
| Net Debt | $381M |
