| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $379M | $360M | $416M | 5.4% | -8.9% |
| Op. Income | $16M | $19M | $23M | -13.3% | -30.7% |
| Gross Margin | 32.4% | 33.6% | 32.8% | -1.2pp | -0.4pp |
| Net Margin | 2.9% | 3.6% | 14.0% | -0.7pp | -11.1pp |
| EPS (Diluted) | $0.29 | $0.33 | $1.31 | -12.1% | -77.9% |
| Free Cash Flow | $7M | -$9M | $42M | 177.6% | -82.6% |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $9M |
| EBIT | $16M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $9M |
| EBIT | $16M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $494.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$171.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $399M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $426M |
| PP&E (Net) | $431M |
| Goodwill | $1M |
| Intangible Assets | $389.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $433M |
| TOTAL ASSETS | $859M |
| Account Payables | $62M |
| Short-Term Debt | $88M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $296M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $566M |
| Common Stock | $375.0K |
| Additional Paid-In Capital | $80M |
| Retained Earnings | $213M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $293M |
| Minority Interest | $0 |
| TOTAL EQUITY | $293M |
| TOTAL LIABILITIES & EQUITY | $859M |
| Total Debt | $393M |
| Net Debt | $391M |
