| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $49M | — | 154.7% | — |
| Op. Income | $38M | -$16M | — | 342.3% | — |
| Gross Margin | 47.4% | 17.6% | — | 29.8pp | — |
| Net Margin | 19.5% | -27.5% | — | 47.0pp | — |
| EPS (Diluted) | $0.25 | $-0.14 | — | 278.6% | — |
| Free Cash Flow | $335.0K | -$24M | — | 101.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $17M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $38M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $11M |
| EBIT | $32M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $17M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $38M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $11M |
| EBIT | $32M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $922.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$471.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $335.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $272M |
| Short-Term Investments | $55M |
| Net Receivables | $96M |
| Inventory | $26M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $465M |
| PP&E (Net) | $220M |
| Goodwill | $26M |
| Intangible Assets | $68M |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $337M |
| TOTAL ASSETS | $802M |
| Account Payables | $12M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $106M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $224M |
| Common Stock | $96.0K |
| Additional Paid-In Capital | $911M |
| Retained Earnings | -$251M |
| Treasury Stock | -$119M |
| Accum. Other Comp. Income | -$518.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $540M |
| Minority Interest | $37M |
| TOTAL EQUITY | $577M |
| TOTAL LIABILITIES & EQUITY | $802M |
| Total Debt | $117M |
| Net Debt | -$154M |
