| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $127M | $126M | -1.2% | 0.1% |
| Op. Income | $16M | $20M | $15M | -20.9% | 4.5% |
| Gross Margin | 36.5% | 37.9% | 35.2% | -1.4pp | 1.3pp |
| Net Margin | 10.6% | 10.7% | 8.8% | -0.1pp | 1.8pp |
| EPS (Diluted) | $0.44 | $0.44 | $0.36 | 0.0% | 22.2% |
| Free Cash Flow | $11M | $20M | $14M | -44.3% | -22.6% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $46M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $16M |
| Interest Income | $447.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$23.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $46M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $16M |
| Interest Income | $447.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$23.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$491.0K |
| Other Non-Cash Items | $183.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $54M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $244M |
| PP&E (Net) | $116M |
| Goodwill | $203M |
| Intangible Assets | $162M |
| Long-Term Investments | $0 |
| Tax Assets | $28M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $522M |
| TOTAL ASSETS | $766M |
| Account Payables | $43M |
| Short-Term Debt | $4M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $92M |
| Long-Term Debt | $87M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $135M |
| TOTAL LIABILITIES | $227M |
| Common Stock | $325M |
| Additional Paid-In Capital | $41M |
| Retained Earnings | $665M |
| Treasury Stock | -$493M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $538M |
| Minority Interest | $0 |
| TOTAL EQUITY | $538M |
| TOTAL LIABILITIES & EQUITY | $766M |
| Total Debt | $112M |
| Net Debt | $22M |
