| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $215M | $220M | $195M | -2.5% | 10.0% |
| Op. Income | $15M | $19M | $16M | -23.7% | -6.9% |
| Gross Margin | 30.1% | 31.7% | 32.8% | -1.6pp | -2.7pp |
| Net Margin | 3.0% | 7.8% | 6.3% | -4.7pp | -3.3pp |
| EPS (Diluted) | $0.16 | $0.42 | $0.30 | -61.9% | -46.7% |
| Free Cash Flow | -$4M | -$4M | -$6M | 9.8% | 36.6% |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $15M |
| Interest Income | $176.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $8M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $15M |
| Interest Income | $176.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $8M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$31.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$217.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $56M |
| Net Receivables | $141M |
| Inventory | $221M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $499M |
| PP&E (Net) | $185M |
| Goodwill | $53M |
| Intangible Assets | $60M |
| Long-Term Investments | $11M |
| Tax Assets | $9M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $337M |
| TOTAL ASSETS | $836M |
| Account Payables | $67M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $394M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $450M |
| TOTAL LIABILITIES | $603M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $220M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $233M |
| Minority Interest | $0 |
| TOTAL EQUITY | $233M |
| TOTAL LIABILITIES & EQUITY | $836M |
| Total Debt | $439M |
| Net Debt | $398M |
