| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $187M | $172M | -8.6% | -0.8% |
| Op. Income | $37M | $45M | $48M | -17.4% | -22.3% |
| Gross Margin | 50.0% | 46.5% | 50.8% | 3.5pp | -0.8pp |
| Net Margin | 14.8% | 20.4% | 25.1% | -5.5pp | -10.3pp |
| EPS (Diluted) | $0.51 | $0.74 | $0.81 | -31.1% | -37.0% |
| Free Cash Flow | $24M | $17M | $46M | 46.8% | -47.6% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $85M |
| R&D Expenses | $20M |
| Selling & Marketing | $12M |
| General & Administrative | $16M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $37M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $15M |
| EBIT | $37M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $85M |
| R&D Expenses | $20M |
| Selling & Marketing | $12M |
| General & Administrative | $16M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $37M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $15M |
| EBIT | $37M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $54M |
| Net Receivables | $145M |
| Inventory | $185M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $588M |
| PP&E (Net) | $354M |
| Goodwill | $3M |
| Intangible Assets | $581M |
| Long-Term Investments | $6M |
| Tax Assets | $71M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $53M |
| Short-Term Debt | $224.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $199M |
| Long-Term Debt | $604M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $676M |
| TOTAL LIABILITIES | $875M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $509M |
| Retained Earnings | $594M |
| Treasury Stock | -$344M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $751M |
| Minority Interest | $0 |
| TOTAL EQUITY | $751M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $653M |
| Net Debt | $470M |
