| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $374M | $372M | $317M | 0.6% | 18.0% |
| Op. Income | $47M | $52M | $18M | -10.7% | 163.0% |
| Gross Margin | 50.5% | 51.8% | 50.3% | -1.3pp | 0.2pp |
| Net Margin | 11.3% | 12.1% | 4.9% | -0.8pp | 6.3pp |
| EPS (Diluted) | $0.76 | $0.81 | $0.28 | -6.2% | 171.4% |
| Free Cash Flow | $77M | $163M | -$52M | -52.6% | 248.1% |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $189M |
| R&D Expenses | $105M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $327M |
| OPERATING INCOME | $47M |
| Interest Income | $8M |
| Interest Expense | $218.0K |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $12M |
| EBIT | $57M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $189M |
| R&D Expenses | $105M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $327M |
| OPERATING INCOME | $47M |
| Interest Income | $8M |
| Interest Expense | $218.0K |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $12M |
| EBIT | $57M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$69M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$155.0K |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $491M |
| Short-Term Investments | $26M |
| Net Receivables | $190M |
| Inventory | $233M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $307M |
| Goodwill | $436M |
| Intangible Assets | $28M |
| Long-Term Investments | $228M |
| Tax Assets | $55M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $78M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $418M |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $154M |
| Net Debt | -$337M |
