| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $116M | $97M | -6.8% | 10.8% |
| Op. Income | -$4M | $9M | -$128.0K | -145.9% | -3025.8% |
| Gross Margin | 75.3% | 76.5% | 74.2% | -1.2pp | 1.1pp |
| Net Margin | -2.8% | 6.5% | -0.9% | -9.2pp | -1.8pp |
| EPS (Diluted) | $-0.02 | $0.06 | $0.00 | -139.8% | -3328.6% |
| Free Cash Flow | -$13M | -$3M | -$5M | -342.5% | -140.2% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $81M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $112M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $649.0K |
| Other Income/Expenses | -$626.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $4M |
| EBIT | -$4M |
| EBITDA | -$54.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$938.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$298.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $26M |
| Other Current Assets | $786.0K |
| TOTAL CURRENT ASSETS | $217M |
| PP&E (Net) | $149M |
| Goodwill | $29M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $30M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $229M |
| TOTAL ASSETS | $446M |
| Account Payables | $30M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $106M |
| TOTAL LIABILITIES | $182M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $313M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $264M |
| Minority Interest | $0 |
| TOTAL EQUITY | $264M |
| TOTAL LIABILITIES & EQUITY | $446M |
| Total Debt | $124M |
| Net Debt | $36M |
