| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $197M | $191M | $137M | 3.4% | 43.4% |
| Op. Income | $26M | -$4M | $20M | 698.3% | 29.0% |
| Gross Margin | 62.9% | 57.9% | 64.2% | 5.1pp | -1.3pp |
| Net Margin | 8.0% | -5.4% | 13.2% | 13.3pp | -5.3pp |
| EPS (Diluted) | $0.69 | $-0.55 | $0.83 | 225.5% | -16.9% |
| Free Cash Flow | $15M | $13M | $14M | 13.2% | 10.6% |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $124M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $11M |
| Operating Expenses | $98M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $26M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $23M |
| EBIT | $25M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $124M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $11M |
| Operating Expenses | $98M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $26M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $23M |
| EBIT | $25M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $5M |
| Net Receivables | $220M |
| Inventory | $137M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $536M |
| PP&E (Net) | $58M |
| Goodwill | $61M |
| Intangible Assets | $538M |
| Long-Term Investments | $0 |
| Tax Assets | $88M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $756M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $53M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $612M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $647M |
| TOTAL LIABILITIES | $849M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $531M |
| Retained Earnings | -$85M |
| Treasury Stock | -$31M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $443M |
| Minority Interest | $0 |
| TOTAL EQUITY | $443M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $623M |
| Net Debt | $473M |
