| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $204M | $163M | -28.7% | -10.7% |
| Op. Income | $1M | $17M | $15M | -93.6% | -92.6% |
| Gross Margin | 30.1% | 34.4% | 33.6% | -4.4pp | -3.6pp |
| Net Margin | 0.6% | 5.9% | 6.7% | -5.3pp | -6.2pp |
| EPS (Diluted) | $0.03 | $0.38 | $0.36 | -93.1% | -92.7% |
| Free Cash Flow | -$20M | $14M | $14M | -243.5% | -246.2% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $4.0K |
| Operating Expenses | $43M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $299.0K |
| Net Income from Continuing Ops | $813.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $813.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $813.0K |
| D&A | $4M |
| EBIT | $1M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $4.0K |
| Operating Expenses | $43M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $299.0K |
| Net Income from Continuing Ops | $813.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $813.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $813.0K |
| D&A | $4M |
| EBIT | $1M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $813.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $563.0K |
| Deferred Income Tax | -$150.0K |
| Other Non-Cash Items | $30.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$51M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $51M |
| NET CASH FROM INVESTING | $43M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $51M |
| Net Receivables | $8M |
| Inventory | $74M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $208M |
| PP&E (Net) | $265M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $278M |
| TOTAL ASSETS | $486M |
| Account Payables | $27M |
| Short-Term Debt | $54M |
| Deferred Revenue | $15M |
| Other Current Liabilities | -$36M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$194M |
| TOTAL NON-CURRENT LIABILITIES | $196M |
| TOTAL LIABILITIES | $318M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $168M |
| Retained Earnings | $391.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $168M |
| Minority Interest | $0 |
| TOTAL EQUITY | $168M |
| TOTAL LIABILITIES & EQUITY | $486M |
| Total Debt | $248M |
| Net Debt | $188M |
