| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $302M | $438M | $289M | -31.1% | 4.3% |
| Op. Income | -$12M | $11M | -$8M | -214.7% | -53.3% |
| Gross Margin | 48.1% | 48.5% | 47.8% | -0.4pp | 0.3pp |
| Net Margin | -3.1% | 0.0% | -3.4% | -3.1pp | 0.3pp |
| EPS (Diluted) | $-0.16 | $0.00 | $-0.16 | -51528.6% | 2.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $117M |
| General & Administrative | $25M |
| SG&A Expenses | $142M |
| Other Expenses | $15M |
| Operating Expenses | $157M |
| Cost & Expenses | $314M |
| OPERATING INCOME | -$12M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $775.9K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$936.9K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $0 |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $162M |
| Net Receivables | $295M |
| Inventory | $224M |
| Other Current Assets | $96M |
| TOTAL CURRENT ASSETS | $985M |
| PP&E (Net) | $223M |
| Goodwill | $53M |
| Intangible Assets | $50M |
| Long-Term Investments | $63M |
| Tax Assets | $34M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $438M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $60M |
| Short-Term Debt | $273M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $163M |
| TOTAL CURRENT LIABILITIES | $496M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $92M |
| TOTAL LIABILITIES | $588M |
| Common Stock | $15.1K |
| Additional Paid-In Capital | $681M |
| Retained Earnings | -$110M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $562M |
| Minority Interest | $272M |
| TOTAL EQUITY | $834M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $354M |
| Net Debt | $147M |
