2023 Q1 Form 10-K Financial Statement

#000141057823000196 Filed on March 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $125.9M $443.7M
YoY Change 41860.67% 14.53%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $13.13M $54.10M
YoY Change 3.71% 6.07%
% of Gross Profit
Depreciation & Amortization $3.304M $7.496M $14.41M
YoY Change -10.46% -1.37% -7.57%
% of Gross Profit
Operating Expenses $13.13M $54.10M
YoY Change 13029.0% 6.07%
Operating Profit
YoY Change
Interest Expense $14.85M $23.10M
YoY Change 425.92% 77.58%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $6.973M $67.31M $240.3M
YoY Change -88.35% 18.92% -0.43%
Income Tax $1.175M $14.78M $52.23M
% Of Pretax Income 16.85% 21.96% 21.74%
Net Earnings $5.798M $52.38M $188.1M
YoY Change -87.68% 20.14% -0.85%
Net Earnings / Revenue 4.61% 42.39%
Basic Earnings Per Share $0.11 $3.48
Diluted Earnings Per Share $0.11 $0.97 $3.46
COMMON SHARES
Basic Shares Outstanding 53.77M 53.73M 53.90M
Diluted Shares Outstanding 54.05M 54.21M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $189.3M $209.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $158.6M $160.8M $160.8M
YoY Change 0.1% 0.08% -0.14%
Goodwill $842.9M $841.8M
YoY Change 5.49% 5.35%
Intangibles $57.98M $61.00M
YoY Change -9.35% -6.49%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $15.26B $15.84B $15.84B
YoY Change -2.37% 1.82% 1.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $131.0M $133.9M $102.8M
YoY Change -12.94% -36.56% -42.26%
Accrued Expenses $31.09M
YoY Change -5.78%
Deferred Revenue
YoY Change
Short-Term Debt $304.6M $346.7M $346.7M
YoY Change 1.36% 6.66% 6.66%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $435.6M $133.9M $133.9M
YoY Change 189.52% -36.56% -36.56%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $3.249M $3.249M
YoY Change -100.0% 8.3% 8.3%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $3.249M $3.249M
YoY Change -100.0% 8.3% 8.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $435.6M $133.9M $133.9M
Total Long-Term Liabilities $0.00 $3.249M $3.249M
Total Liabilities $13.62B $14.28B $14.28B
YoY Change -1.1% 6.19% 6.18%
SHAREHOLDERS EQUITY
Retained Earnings $1.135B $1.152B
YoY Change 4.84% 8.9%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $36.33M $26.49M
YoY Change 169.79% 149.62%
Treasury Stock Shares
Shareholders Equity $1.634B $1.552B $1.552B
YoY Change
Total Liabilities & Shareholders Equity $15.26B $15.84B $15.84B
YoY Change -2.37% 1.82% 1.82%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $5.798M $52.38M $188.1M
YoY Change -87.68% 20.14% -0.85%
Depreciation, Depletion And Amortization $3.304M $7.496M $14.41M
YoY Change -10.46% -1.37% -7.57%
Cash From Operating Activities $77.37M $71.56M $214.6M
YoY Change 48.97% 44.57% 5.95%
INVESTING ACTIVITIES
Capital Expenditures $4.070M $2.908M $12.92M
YoY Change 83.83% -196.93% -1.93%
Acquisitions $2.061M $668.0K
YoY Change -16.36% -97.72%
Other Investing Activities $600.1M -$250.9M -$2.126B
YoY Change -147.67% -62.04% 40.09%
Cash From Investing Activities $596.1M -$253.8M -$2.139B
YoY Change -147.27% -61.77% 39.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -694.0M 144.8M 259.2M
YoY Change -295.48% -13.27% -83.36%
NET CHANGE
Cash From Operating Activities 77.37M 71.56M 214.6M
Cash From Investing Activities 596.1M -253.8M -2.139B
Cash From Financing Activities -694.0M 144.8M 259.2M
Net Change In Cash -20.60M -37.50M -1.665B
YoY Change -97.59% -91.62% -826.33%
FREE CASH FLOW
Cash From Operating Activities $77.37M $71.56M $214.6M
Capital Expenditures $4.070M $2.908M $12.92M
Free Cash Flow $73.30M $68.66M $201.7M
YoY Change 47.42% 30.77% 6.5%

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