| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $160M | $84M | $158M | 90.7% | 1.6% |
| Op. Income | $102M | $29M | $109M | 249.0% | -6.1% |
| Gross Margin | 70.3% | 47.8% | 75.6% | 22.6pp | -5.2pp |
| Net Margin | -5.9% | -101.0% | 25.7% | 95.0pp | -31.6pp |
| EPS (Diluted) | $-0.04 | $-0.37 | $0.18 | 88.9% | -122.8% |
| Free Cash Flow | $68M | $68M | $63M | 1.0% | 8.2% |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$111M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $728.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $53M |
| EBIT | $50M |
| EBITDA | $102M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $31M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $123M |
| NET CASH FROM INVESTING | $113M |
| Net Debt Issuance | -$107M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$196M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$39M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$39M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $5.6B |
| Account Payables | $0 |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $143M |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$455.0K |
| Other Equity | $18M |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
