| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $149M | $167M | 0.2% | -10.3% |
| Op. Income | $17M | $20M | $39M | -13.5% | -56.0% |
| Gross Margin | 25.8% | 26.5% | 34.9% | -0.8pp | -9.1pp |
| Net Margin | 9.6% | 12.7% | 18.1% | -3.1pp | -8.5pp |
| EPS (Diluted) | $0.81 | $1.06 | $1.70 | -23.6% | -52.4% |
| Free Cash Flow | $4M | $16M | $8M | -77.9% | -53.9% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $12M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $17M |
| Interest Income | $1M |
| Interest Expense | $25.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| NET INCOME | $14M |
| D&A | $7M |
| EBIT | $19M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $12M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $17M |
| Interest Income | $1M |
| Interest Expense | $25.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| NET INCOME | $14M |
| D&A | $7M |
| EBIT | $19M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$79.0K |
| Other Non-Cash Items | -$2.0K |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55M |
| Sales/Maturities of Investments | $92M |
| Other Investing Activities | $3.0K |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$96M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $122M |
| Net Receivables | $65M |
| Inventory | $62M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $264M |
| PP&E (Net) | $72M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $125M |
| TOTAL ASSETS | $389M |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $67M |
| Common Stock | $24M |
| Additional Paid-In Capital | $44M |
| Retained Earnings | $399M |
| Treasury Stock | -$146M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $322M |
| Minority Interest | $0 |
| TOTAL EQUITY | $322M |
| TOTAL LIABILITIES & EQUITY | $389M |
| Total Debt | $3M |
| Net Debt | -$5M |
