| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $246M | $173M | $107M | 41.9% | 130.9% |
| Op. Income | $36M | $26M | -$19M | 38.4% | 284.5% |
| Gross Margin | 25.9% | 27.8% | -0.3% | -1.9pp | 26.2pp |
| Net Margin | 2.5% | -7.8% | -12.7% | 10.3pp | 15.3pp |
| EPS (Diluted) | $0.00 | $-0.04 | $-0.05 | 111.0% | 110.4% |
| Free Cash Flow | -$6M | $57M | -$18M | -110.3% | 67.6% |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $10M |
| Operating Expenses | $28M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $36M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $63M |
| EBIT | $33M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $10M |
| Operating Expenses | $28M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $36M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $63M |
| EBIT | $33M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | $160M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$48M |
| NET CASH FROM INVESTING | $96M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $149M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $66M |
| Net Receivables | $73M |
| Inventory | $83M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $589M |
| PP&E (Net) | $3.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $45M |
| Other Non-Current Assets | $133M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $103M |
| Short-Term Debt | $180.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $211M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $598M |
| Other Non-Current Liabilities | $198M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $3.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$718M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $124M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $411M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $234M |
| Net Debt | -$117M |
