| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $162M | $131M | $176M | 24.1% | -7.8% |
| Op. Income | -$3M | -$7M | $14M | 52.0% | -122.8% |
| Gross Margin | 24.8% | 25.0% | 33.3% | -0.2pp | -8.5pp |
| Net Margin | -2.3% | -5.6% | 7.1% | 3.3pp | -9.4pp |
| EPS (Diluted) | $-0.30 | $-0.58 | $0.91 | 48.3% | -133.0% |
| Free Cash Flow | $39M | -$4M | $6M | 1051.8% | 555.0% |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $21M |
| Operating Expenses | $43M |
| Cost & Expenses | $166M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $509.0K |
| Other Income/Expenses | -$409.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $188.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $4M |
| EBIT | -$3M |
| EBITDA | $501.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $501.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $84M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $173M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $180M |
| TOTAL ASSETS | $274M |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $133M |
| TOTAL LIABILITIES | $244M |
| Common Stock | $175M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$146M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $274M |
| Total Debt | $171M |
| Net Debt | $166M |
