| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | $143M | $140M | -0.2% | 1.8% |
| Op. Income | $10M | $8M | $13M | 36.8% | -19.9% |
| Gross Margin | 13.5% | 11.1% | 12.8% | 2.4pp | 0.7pp |
| Net Margin | 5.8% | 6.3% | 10.6% | -0.4pp | -4.7pp |
| EPS (Diluted) | $0.29 | $0.31 | $0.45 | -7.1% | -36.1% |
| Free Cash Flow | -$1M | $1M | -$303.3K | -207.8% | -358.8% |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$227.3K |
| Operating Expenses | $9M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $10M |
| Interest Expense | $4M |
| Other Income/Expenses | -$743.9K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $21M |
| EBIT | $15M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$227.3K |
| Operating Expenses | $9M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $10M |
| Interest Expense | $4M |
| Other Income/Expenses | -$743.9K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $21M |
| EBIT | $15M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $173.9K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $4M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $42M |
| Other Current Assets | $366.1K |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $518M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $63M |
| Tax Assets | $207.5K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $593M |
| TOTAL ASSETS | $737M |
| Account Payables | $56M |
| Short-Term Debt | $29M |
| Deferred Revenue | $50.4K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $287M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | -$16M |
| TOTAL NON-CURRENT LIABILITIES | $373M |
| TOTAL LIABILITIES | $489M |
| Common Stock | $168M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $79M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$844.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $248M |
| Minority Interest | $0 |
| TOTAL EQUITY | $248M |
| TOTAL LIABILITIES & EQUITY | $737M |
| Total Debt | $361M |
| Net Debt | $331M |
