| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $274M | $266M | $273M | 3.0% | 0.6% |
| Op. Income | $4M | $6M | $9M | -36.0% | -61.4% |
| Gross Margin | 27.6% | 27.6% | 27.8% | 0.0pp | -0.2pp |
| Net Margin | 0.8% | 1.5% | 2.6% | -0.7pp | -1.9pp |
| EPS (Diluted) | $0.09 | $0.17 | $0.32 | -44.4% | -70.4% |
| Free Cash Flow | -$3M | -$4M | $11M | 21.2% | -126.4% |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $64M |
| Operating Expenses | $72M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $679.0K |
| Other Income/Expenses | -$679.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $777.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $7M |
| EBIT | $4M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $64M |
| Operating Expenses | $72M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $679.0K |
| Other Income/Expenses | -$679.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $777.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $7M |
| EBIT | $4M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $299.0K |
| Deferred Income Tax | $335.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $5.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $96.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$10.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $114M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $508M |
| Goodwill | $5M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | -$15M |
| TOTAL NON-CURRENT ASSETS | $522M |
| TOTAL ASSETS | $663M |
| Account Payables | $71M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | -$30M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $370M |
| TOTAL LIABILITIES | $507M |
| 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 | $663M |
| Total Debt | $393M |
| Net Debt | $381M |
