| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | — | $172M | — | 10.8% |
| Op. Income | $35M | — | $18M | — | 91.7% |
| Gross Margin | 69.0% | — | 69.3% | — | -0.3pp |
| Net Margin | -5.6% | — | -7.4% | — | 1.8pp |
| EPS (Diluted) | $-0.06 | — | $-0.09 | — | 27.1% |
| Free Cash Flow | $12M | — | $18M | — | -33.9% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $132M |
| R&D Expenses | $8M |
| Selling & Marketing | $30M |
| General & Administrative | $15M |
| SG&A Expenses | $45M |
| Other Expenses | $44M |
| Operating Expenses | $97M |
| Cost & Expenses | $156M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$50M |
| 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 | -$11M |
| D&A | $44M |
| EBIT | $35M |
| EBITDA | $79M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $10M |
