| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280M | $238M | $347M | 17.9% | -19.2% |
| Op. Income | $15M | $10M | $52M | 45.7% | -70.6% |
| Gross Margin | 34.0% | 34.5% | 38.6% | -0.5pp | -4.6pp |
| Net Margin | 4.1% | 2.9% | 11.0% | 1.2pp | -6.9pp |
| EPS (Diluted) | $0.59 | $0.36 | $1.70 | 63.9% | -65.3% |
| Free Cash Flow | $28M | -$20M | $56M | 242.6% | -49.8% |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $15M |
| Interest Income | $645.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $938.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| 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 | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $15M |
| Interest Income | $645.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $938.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| 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 | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$956.0K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$883.0K |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8.0K |
| NET CASH FROM FINANCING | -$8.0K |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $92M |
| Net Receivables | $21M |
| Inventory | $135M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $316M |
| Goodwill | $57M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $408M |
| TOTAL ASSETS | $748M |
| Account Payables | $40M |
| Short-Term Debt | $65M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $195M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $188M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $239M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $407M |
| Minority Interest | $0 |
| TOTAL EQUITY | $407M |
| TOTAL LIABILITIES & EQUITY | $748M |
| Total Debt | $254M |
| Net Debt | $173M |
