| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $158M | $166M | $130M | -5.1% | 21.8% |
| Op. Income | -$11M | $23M | $21M | -146.2% | -152.2% |
| Gross Margin | 38.6% | 58.8% | 72.4% | -20.2pp | -33.8pp |
| Net Margin | -5.4% | 11.1% | 12.2% | -16.5pp | -17.6pp |
| EPS (Diluted) | $-1.50 | $2.90 | $2.44 | -151.7% | -161.5% |
| Free Cash Flow | $57M | $109M | $48M | -47.8% | 18.2% |
| Item | Amount |
|---|---|
| REVENUE | $158M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $55M |
| SG&A Expenses | $57M |
| Other Expenses | $14M |
| Operating Expenses | $72M |
| Cost & Expenses | $169M |
| OPERATING INCOME | -$11M |
| Interest Income | $130M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $3M |
| EBIT | -$11M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $81M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$114M |
| NET CASH FROM INVESTING | -$134M |
| Net Debt Issuance | $84M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $163.0K |
| NET CASH FROM FINANCING | $70M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $111M |
| Goodwill | $7M |
| Intangible Assets | $19M |
| Long-Term Investments | $1.0B |
| Tax Assets | $46M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $53M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $777M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $872M |
| TOTAL LIABILITIES | $925M |
| Common Stock | $0 |
| Additional Paid-In Capital | $285M |
| Retained Earnings | $69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $354M |
| Minority Interest | $0 |
| TOTAL EQUITY | $354M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $865M |
| Net Debt | $852M |
