| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $50M | $21M | -19.5% | 88.7% |
| Op. Income | -$12M | -$4M | -$14M | -171.9% | 15.7% |
| Gross Margin | -1.1% | 14.6% | -15.2% | -15.8pp | 14.0pp |
| Net Margin | -38.2% | 0.7% | 89.0% | -38.9pp | -127.2pp |
| EPS (Diluted) | $-0.68 | $0.02 | $0.86 | -4297.5% | -179.1% |
| Free Cash Flow | -$16M | $2M | -$5M | -786.2% | -190.7% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $41M |
| GROSS PROFIT | -$460.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $6M |
| Operating Expenses | $11M |
| Cost & Expenses | $52M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$378.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $6M |
| EBIT | -$13M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $67.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $21.0K |
| Net Receivables | $5M |
| Inventory | $1M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $531M |
| Goodwill | $27M |
| Intangible Assets | $3M |
| Long-Term Investments | $21M |
| Tax Assets | $2M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $587M |
| TOTAL ASSETS | $671M |
| Account Payables | $43M |
| Short-Term Debt | $72M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $438M |
| TOTAL LIABILITIES | $577M |
| Common Stock | $251.0K |
| Additional Paid-In Capital | $152M |
| Retained Earnings | -$28M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $93M |
| Minority Interest | $866.0K |
| TOTAL EQUITY | $93M |
| TOTAL LIABILITIES & EQUITY | $671M |
| Total Debt | $486M |
| Net Debt | $414M |
