| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $91M | $89M | 4.3% | 6.2% |
| Op. Income | $3M | $6M | $7M | -49.0% | -56.2% |
| Gross Margin | 36.3% | 38.4% | 27.8% | -2.1pp | 8.5pp |
| Net Margin | -35.0% | -11.3% | 25.2% | -23.7pp | -60.3pp |
| EPS (Diluted) | $-10.72 | $-7.34 | $15.91 | -46.0% | -167.4% |
| Free Cash Flow | $8M | $11M | $15M | -22.0% | -41.5% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $18M |
| SG&A Expenses | $21M |
| Other Expenses | $10M |
| Operating Expenses | $32M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | -$8M |
| NET INCOME | -$33M |
| D&A | $10M |
| EBIT | -$39M |
| EBITDA | -$29M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $107M |
| Net Receivables | $23M |
| Inventory | $4M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $404M |
| Goodwill | $53M |
| Intangible Assets | $23M |
| Long-Term Investments | $169M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $658M |
| TOTAL ASSETS | $829M |
| Account Payables | $28M |
| Short-Term Debt | $35M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $150M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $139M |
| TOTAL LIABILITIES | $289M |
| Common Stock | $1M |
| Additional Paid-In Capital | $386M |
| Retained Earnings | $594M |
| Treasury Stock | -$439M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $540M |
| Minority Interest | $0 |
| TOTAL EQUITY | $540M |
| TOTAL LIABILITIES & EQUITY | $829M |
| Total Debt | $153M |
| Net Debt | $124M |
