| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $109M | — | -5.1% | — |
| Op. Income | -$126M | -$13M | — | -877.4% | — |
| Gross Margin | -33.3% | 21.6% | — | -54.8pp | — |
| Net Margin | -130.1% | -27.6% | — | -102.5pp | — |
| EPS (Diluted) | $-0.60 | $-0.13 | — | -361.5% | — |
| Free Cash Flow | $5M | $3M | — | 58.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $138M |
| GROSS PROFIT | -$35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $64M |
| Operating Expenses | $92M |
| Cost & Expenses | $230M |
| OPERATING INCOME | -$126M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$138M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$135M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$135M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$135M |
| D&A | $62M |
| EBIT | -$130M |
| EBITDA | -$68M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$135M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $77M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$363M |
| Sales/Maturities of Investments | $384M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | -$256.0K |
| Common Stock Repurchased | -$391.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $108M |
| Net Receivables | $109M |
| Inventory | $46M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $409M |
| PP&E (Net) | $406M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $259M |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $708M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $30M |
| Short-Term Debt | $47.0K |
| Deferred Revenue | $8M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $272M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $369M |
| TOTAL LIABILITIES | $514M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $597M |
| Minority Interest | $6M |
| TOTAL EQUITY | $603M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $368M |
| Net Debt | $250M |
