| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $217M | $207M | -7.4% | -2.9% |
| Op. Income | $25M | $24M | $38M | 6.0% | -34.3% |
| Gross Margin | 66.2% | 55.8% | 73.6% | 10.3pp | -7.4pp |
| Net Margin | 4.3% | 6.2% | 8.2% | -1.8pp | -3.8pp |
| EPS (Diluted) | $0.23 | $0.35 | $0.45 | -32.8% | -48.5% |
| Free Cash Flow | -$3M | $28M | $21M | -111.5% | -115.8% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $68M |
| General & Administrative | $40M |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $25M |
| Interest Income | $924.1K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $6M |
| EBIT | $24M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $68M |
| General & Administrative | $40M |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $25M |
| Interest Income | $924.1K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $6M |
| EBIT | $24M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$780.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $960.4K |
| NET CASH FROM INVESTING | $179.9K |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $145M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $277M |
| PP&E (Net) | $118M |
| Goodwill | $92M |
| Intangible Assets | $89M |
| Long-Term Investments | $0 |
| Tax Assets | $30M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $336M |
| TOTAL ASSETS | $613M |
| Account Payables | $116M |
| Short-Term Debt | $105M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $301M |
| Long-Term Debt | $203M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $251M |
| TOTAL LIABILITIES | $552M |
| Common Stock | $18M |
| Additional Paid-In Capital | -$1M |
| Retained Earnings | $46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | -$137.3K |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $613M |
| Total Debt | $325M |
| Net Debt | $305M |
