| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $123M | — | 10.3% | — |
| Op. Income | $32M | $21M | — | 51.9% | — |
| Gross Margin | 29.6% | 21.4% | — | 8.2pp | — |
| Net Margin | 13.8% | 8.1% | — | 5.7pp | — |
| EPS (Diluted) | $0.18 | $0.03 | — | 482.5% | — |
| Free Cash Flow | -$104M | $3M | — | -3694.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $32M |
| Interest Income | $583.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $32M |
| EBIT | $28M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $32M |
| Interest Income | $583.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $32M |
| EBIT | $28M |
| EBITDA | $60M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $180.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$143M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $142M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $131M |
| FREE CASH FLOW | -$104M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $10M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $271M |
| PP&E (Net) | $1.8B |
| Goodwill | $0 |
| Intangible Assets | $196.0K |
| Long-Term Investments | $163M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $8M |
| Short-Term Debt | $117M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $877M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $886M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $747.0K |
| Additional Paid-In Capital | $798M |
| Retained Earnings | $355M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$298.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $31M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $998M |
| Net Debt | $814M |
