| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $83M | $83M | 1.7% | 2.6% |
| Op. Income | -$5M | -$8M | -$8M | 44.3% | 38.6% |
| Gross Margin | 33.4% | 38.7% | 35.1% | -5.3pp | -1.7pp |
| Net Margin | -22.0% | -23.8% | -23.4% | 1.8pp | 1.4pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | -$4M | -$274.0K | $5M | -1391.2% | -177.0% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $29M |
| Operating Expenses | $33M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$5M |
| Interest Income | $3.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $42.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $21M |
| EBIT | -$4M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $230.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$888.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | -$10.0K |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$782.0K |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | -$12M |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $45M |
| Short-Term Debt | $530M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $585M |
| Long-Term Debt | $579M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $596M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $993M |
| Minority Interest | $7M |
| TOTAL EQUITY | $999M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
