| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $122M | $147M | 8.8% | -9.5% |
| Op. Income | $9M | $6M | $12M | 36.3% | -27.4% |
| Gross Margin | 32.2% | 31.5% | 32.3% | 0.7pp | -0.1pp |
| Net Margin | 2.7% | 2.5% | 4.7% | 0.2pp | -2.0pp |
| EPS (Diluted) | $0.21 | $0.18 | $0.42 | 16.7% | -50.0% |
| Free Cash Flow | $13M | $10M | $6M | 33.9% | 107.3% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $43M |
| R&D Expenses | $10M |
| Selling & Marketing | $6M |
| General & Administrative | $14M |
| SG&A Expenses | $20M |
| Other Expenses | $5M |
| Operating Expenses | $34M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $903.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $43M |
| R&D Expenses | $10M |
| Selling & Marketing | $6M |
| General & Administrative | $14M |
| SG&A Expenses | $20M |
| Other Expenses | $5M |
| Operating Expenses | $34M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $903.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $920.0K |
| Deferred Income Tax | $49.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$80.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $106M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $254M |
| PP&E (Net) | $88M |
| Goodwill | $132M |
| Intangible Assets | $97M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $333M |
| TOTAL ASSETS | $587M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $214M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $251M |
| TOTAL LIABILITIES | $314M |
| Common Stock | $113M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $273M |
| Minority Interest | $0 |
| TOTAL EQUITY | $273M |
| TOTAL LIABILITIES & EQUITY | $587M |
| Total Debt | $247M |
| Net Debt | $199M |
