| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $197M | $190M | $163M | 3.7% | 20.6% |
| Op. Income | $51M | $47M | $35M | 9.3% | 45.5% |
| Gross Margin | 66.2% | 67.2% | 67.1% | -1.0pp | -0.9pp |
| Net Margin | 5.6% | 4.4% | 2.0% | 1.1pp | 3.6pp |
| EPS (Diluted) | $0.11 | $-0.04 | $0.03 | 382.1% | 229.3% |
| Free Cash Flow | $941.0K | $36M | $15M | -97.4% | -93.7% |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $79M |
| Operating Expenses | $79M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $350.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $59M |
| EBIT | $52M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $79M |
| Operating Expenses | $79M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $350.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $59M |
| EBIT | $52M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$15.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $536.0K |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $63M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$52M |
| Other Financing Activities | -$358.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $941.0K |
| Net Change in Cash | -$29.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.0K |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $96M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $186M |
| PP&E (Net) | $2.2B |
| Goodwill | $0 |
| Intangible Assets | $268M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | -$177M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $309M |
| Minority Interest | $0 |
| TOTAL EQUITY | $309M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $2.2B |
| Net Debt | $2.2B |
