| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $73M | — | 8.4% | — |
| Op. Income | $15M | $12M | — | 26.2% | — |
| Gross Margin | 41.2% | 39.3% | — | 1.9pp | — |
| Net Margin | 13.4% | 11.5% | — | 1.9pp | — |
| EPS (Diluted) | $0.31 | $0.24 | — | 29.2% | — |
| Free Cash Flow | -$12M | $40M | — | -130.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $18M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $15M |
| Interest Income | $71M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| 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 | $10M |
| D&A | $505.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $18M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $15M |
| Interest Income | $71M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| 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 | $10M |
| D&A | $505.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $505.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$48.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$72M |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $78M |
| Common Stock Repurchased | -$836.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$160.0K |
| NET CASH FROM FINANCING | $77M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $127M |
| PP&E (Net) | $3M |
| Goodwill | $7M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $3.8B |
| Account Payables | $85M |
| Short-Term Debt | $298M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$383M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $328.0K |
| Additional Paid-In Capital | $301M |
| Retained Earnings | $87M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $388M |
| Minority Interest | $4M |
| TOTAL EQUITY | $391M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $3.4B |
| Net Debt | $3.3B |
