| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $83M | $78M | 3.6% | 10.7% |
| Op. Income | $6M | $4M | $9M | 47.6% | -29.9% |
| Gross Margin | 48.8% | 44.6% | 52.9% | 4.1pp | -4.1pp |
| Net Margin | 3.6% | 3.0% | 10.4% | 0.6pp | -6.8pp |
| EPS (Diluted) | $0.21 | $0.17 | $0.55 | 23.5% | -61.8% |
| Free Cash Flow | $3M | -$2M | $12M | 230.3% | -72.7% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $42M |
| R&D Expenses | $8M |
| Selling & Marketing | $7M |
| General & Administrative | $14M |
| SG&A Expenses | $21M |
| Other Expenses | $6M |
| Operating Expenses | $36M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $809.0K |
| 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 | $3M |
| D&A | $6M |
| EBIT | $7M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $42M |
| R&D Expenses | $8M |
| Selling & Marketing | $7M |
| General & Administrative | $14M |
| SG&A Expenses | $21M |
| Other Expenses | $6M |
| Operating Expenses | $36M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $809.0K |
| 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 | $3M |
| D&A | $6M |
| EBIT | $7M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $572.0K |
| Other Non-Cash Items | -$262.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$875.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$135.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $1M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $17M |
| Goodwill | $198M |
| Intangible Assets | $130M |
| Long-Term Investments | $3M |
| Tax Assets | -$3M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $355M |
| TOTAL ASSETS | $437M |
| Account Payables | $13M |
| Short-Term Debt | $3M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $136M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $203M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $194M |
| Retained Earnings | $57M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $234M |
| Minority Interest | $0 |
| TOTAL EQUITY | $234M |
| TOTAL LIABILITIES & EQUITY | $437M |
| Total Debt | $146M |
| Net Debt | $139M |
