| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $101M | $110M | $127M | -8.1% | -19.8% |
| Op. Income | $41M | $17M | -$33M | 134.0% | 223.6% |
| Gross Margin | 51.5% | 61.2% | 59.8% | -9.7pp | -8.3pp |
| Net Margin | 10.3% | 20.5% | -36.6% | -10.2pp | 46.9pp |
| EPS (Diluted) | $0.10 | $0.22 | $-0.47 | -54.5% | 121.3% |
| Free Cash Flow | -$16M | -$2M | $18M | -886.2% | -190.0% |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $52M |
| R&D Expenses | $3M |
| Selling & Marketing | $22M |
| General & Administrative | $28M |
| SG&A Expenses | $50M |
| Other Expenses | $13M |
| Operating Expenses | $50M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $41M |
| Interest Income | $8M |
| Interest Expense | $31M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$934.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $52M |
| R&D Expenses | $3M |
| Selling & Marketing | $22M |
| General & Administrative | $28M |
| SG&A Expenses | $50M |
| Other Expenses | $13M |
| Operating Expenses | $50M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $41M |
| Interest Income | $8M |
| Interest Expense | $31M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$934.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$934.0K |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $33.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $199.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $28M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $153M |
| Inventory | $97M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $297M |
| PP&E (Net) | $113M |
| Goodwill | $6M |
| Intangible Assets | $32M |
| Long-Term Investments | $2M |
| Tax Assets | $7M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $163M |
| TOTAL ASSETS | $460M |
| Account Payables | $81M |
| Short-Term Debt | $258M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $368M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $462M |
| Common Stock | $1M |
| Additional Paid-In Capital | $378M |
| Retained Earnings | -$392M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$941.0K |
| Minority Interest | -$937.0K |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $460M |
| Total Debt | $286M |
| Net Debt | $243M |
