| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $78M | $82M | 1.1% | -4.3% |
| Op. Income | -$13M | -$9M | -$1M | -38.6% | -839.3% |
| Gross Margin | 21.6% | 23.0% | 29.8% | -1.5pp | -8.2pp |
| Net Margin | -17.0% | -10.2% | -2.4% | -6.8pp | -14.7pp |
| EPS (Diluted) | $-1.24 | $-0.74 | $-0.18 | -67.6% | -588.9% |
| Free Cash Flow | -$34M | -$48M | -$13M | 27.7% | -163.2% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $17M |
| R&D Expenses | $4M |
| Selling & Marketing | $15M |
| General & Administrative | $9M |
| SG&A Expenses | $23M |
| Other Expenses | $3M |
| Operating Expenses | $30M |
| Cost & Expenses | $92M |
| OPERATING INCOME | -$13M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $11M |
| EBIT | -$9M |
| EBITDA | $2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$665.0K |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$54.0K |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $7M |
| Other Current Assets | $96M |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $302M |
| Goodwill | $130M |
| Intangible Assets | $40M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $495M |
| TOTAL ASSETS | $665M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $139M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $188M |
| Long-Term Debt | $239M |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $380M |
| TOTAL LIABILITIES | $568M |
| Common Stock | $32M |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $784.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $97M |
| Minority Interest | $0 |
| TOTAL EQUITY | $97M |
| TOTAL LIABILITIES & EQUITY | $665M |
| Total Debt | $256M |
| Net Debt | $233M |
