| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $293M | $305M | $266M | -4.0% | 10.1% |
| Op. Income | -$4M | $21M | -$5M | -120.2% | 11.2% |
| Gross Margin | 14.6% | 23.4% | 14.9% | -8.8pp | -0.3pp |
| Net Margin | -0.3% | 5.5% | -0.1% | -5.9pp | -0.3pp |
| EPS (Diluted) | $-0.04 | $0.63 | $-0.01 | -106.3% | -669.2% |
| Free Cash Flow | $697.0K | $50M | $6M | -98.6% | -88.8% |
| Item | Amount |
|---|---|
| REVENUE | $293M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $2M |
| Operating Expenses | $47M |
| Cost & Expenses | $297M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $44.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$517.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $2M |
| EBIT | -$1M |
| EBITDA | $464.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $23.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$11.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $697.0K |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $67M |
| Net Receivables | $265M |
| Inventory | $0 |
| Other Current Assets | $168M |
| TOTAL CURRENT ASSETS | $532M |
| PP&E (Net) | $81M |
| Goodwill | $48M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $247M |
| TOTAL ASSETS | $779M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $438M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $565M |
| Common Stock | $257.0K |
| Additional Paid-In Capital | $41M |
| Retained Earnings | $188M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $213M |
| Minority Interest | $0 |
| TOTAL EQUITY | $213M |
| TOTAL LIABILITIES & EQUITY | $779M |
| Total Debt | $23M |
| Net Debt | -$9M |
