| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $174M | $123M | 39.3% | 96.4% |
| Op. Income | $33M | -$7M | -$33M | 553.3% | 201.8% |
| Gross Margin | 18.3% | 1.6% | -16.6% | 16.7pp | 34.9pp |
| Net Margin | 11.8% | -8.0% | -104.6% | 19.8pp | 116.4pp |
| EPS (Diluted) | $0.83 | $-0.41 | $-3.82 | 302.4% | 121.7% |
| Free Cash Flow | $13M | -$19M | -$25M | 170.3% | 153.6% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $33M |
| Interest Income | $167.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$822.0K |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $25M |
| EBIT | $37M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $33M |
| Interest Income | $167.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$822.0K |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $25M |
| EBIT | $37M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$669.0K |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $126M |
| Inventory | $85M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $312M |
| PP&E (Net) | $1.3B |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $31M |
| Short-Term Debt | $26M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $624.0K |
| TOTAL CURRENT LIABILITIES | $191M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $581M |
| TOTAL LIABILITIES | $773M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$448M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $854M |
| Minority Interest | $0 |
| TOTAL EQUITY | $854M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $634M |
| Net Debt | $567M |
