| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $176M | $138M | -26.1% | -5.6% |
| Op. Income | $14M | $29M | $12M | -53.9% | 13.1% |
| Gross Margin | 43.1% | 43.9% | 41.8% | -0.7pp | 1.3pp |
| Net Margin | 7.1% | 7.4% | 5.0% | -0.3pp | 2.1pp |
| EPS (Diluted) | $0.23 | $0.32 | $0.18 | -28.1% | 27.8% |
| Free Cash Flow | $16M | $22M | $794.0K | -28.3% | 1925.4% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $826.0K |
| Operating Expenses | $43M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$944.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| 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 | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $826.0K |
| Operating Expenses | $43M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$944.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| 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 | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $533.0K |
| Other Non-Cash Items | $124.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $0 |
| Net Receivables | $83M |
| Inventory | $92M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $333M |
| PP&E (Net) | $61M |
| Goodwill | $149M |
| Intangible Assets | $106M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $324M |
| TOTAL ASSETS | $656M |
| Account Payables | $32M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $209M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $245M |
| TOTAL LIABILITIES | $339M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $308M |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $318M |
| Minority Interest | $0 |
| TOTAL EQUITY | $318M |
| TOTAL LIABILITIES & EQUITY | $656M |
| Total Debt | $231M |
| Net Debt | $98M |
