| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $93M | $72M | 13.2% | 45.6% |
| Op. Income | $29M | $24M | $14M | 19.9% | 103.1% |
| Gross Margin | 47.4% | 47.3% | 48.4% | 0.1pp | -1.0pp |
| Net Margin | 16.8% | 14.4% | 9.6% | 2.4pp | 7.2pp |
| EPS (Diluted) | $0.59 | $0.45 | $0.23 | 31.1% | 156.5% |
| Free Cash Flow | $18M | $17M | -$17M | 3.9% | 208.7% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $710.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$997.0K |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$13.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $389.0K |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $227M |
| PP&E (Net) | $67M |
| Goodwill | $63M |
| Intangible Assets | $42M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $198M |
| TOTAL ASSETS | $424M |
| Account Payables | $5M |
| Short-Term Debt | $7M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $707M |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $753M |
| TOTAL LIABILITIES | $815M |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $3M |
| Retained Earnings | -$393M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$637.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$391M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$391M |
| TOTAL LIABILITIES & EQUITY | $424M |
| Total Debt | $716M |
| Net Debt | $532M |
