| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | — | $33M | — | 99.5% |
| Op. Income | $7M | — | $5M | — | 31.9% |
| Gross Margin | 21.3% | — | 24.0% | — | -2.7pp |
| Net Margin | -0.3% | — | 2.4% | — | -2.6pp |
| EPS (Diluted) | $-0.00 | — | $0.01 | — | -122.3% |
| Free Cash Flow | $6M | — | -$5M | — | 238.8% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $650.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $7M |
| Interest Income | $374.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$176.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$176.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$176.0K |
| D&A | $6M |
| EBIT | $5M |
| EBITDA | $11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$176.0K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $843.1K |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $41.0K |
| Other Investing Activities | -$256.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$216.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $2M |
| Net Receivables | $98M |
| Inventory | $32M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $154M |
| PP&E (Net) | $145M |
| Goodwill | $11M |
| Intangible Assets | $0 |
| Long-Term Investments | $31M |
| Tax Assets | $3M |
| Other Non-Current Assets | $53.0K |
| TOTAL NON-CURRENT ASSETS | $190M |
| TOTAL ASSETS | $344M |
| Account Payables | $52M |
| Short-Term Debt | $18M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $168M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $190M |
| TOTAL LIABILITIES | $358M |
| Common Stock | $138M |
| Additional Paid-In Capital | -$2M |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$14M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$14M |
| TOTAL LIABILITIES & EQUITY | $344M |
| Total Debt | $22M |
| Net Debt | $10M |
