| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | — | $69M | — | 19.0% |
| Op. Income | -$3M | — | $24M | — | -113.8% |
| Gross Margin | 59.4% | — | 67.3% | — | -7.8pp |
| Net Margin | -3.9% | — | 32.2% | — | -36.1pp |
| EPS (Diluted) | $-2.04 | — | $14.40 | — | -114.2% |
| Free Cash Flow | -$27M | — | -$6M | — | -319.2% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $6M |
| Operating Expenses | $52M |
| Cost & Expenses | $85M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $796.0K |
| Other Income/Expenses | -$887.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$878.0K |
| 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 | -$2M |
| D&A | $6M |
| EBIT | -$3M |
| EBITDA | $3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$774.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$628.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $127M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $180M |
| PP&E (Net) | $11M |
| Goodwill | $411M |
| Intangible Assets | $252M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $702M |
| TOTAL ASSETS | $882M |
| Account Payables | $13M |
| Short-Term Debt | $4M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $144M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $91M |
| Other Non-Current Liabilities | $129.0K |
| TOTAL NON-CURRENT LIABILITIES | $259M |
| TOTAL LIABILITIES | $311M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $353M |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $22.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $362M |
| Minority Interest | $209M |
| TOTAL EQUITY | $571M |
| TOTAL LIABILITIES & EQUITY | $882M |
| Total Debt | $176M |
| Net Debt | $160M |
