| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $387M | $380M | $371M | 1.9% | 4.3% |
| Op. Income | $64M | $63M | $56M | 0.9% | 14.4% |
| Gross Margin | 18.7% | 16.9% | 17.0% | 1.8pp | 1.7pp |
| Net Margin | -2.3% | -23.0% | -23.3% | 20.7pp | 20.9pp |
| EPS (Diluted) | $-0.04 | $-0.36 | $-0.36 | 89.6% | 89.6% |
| Free Cash Flow | -$3M | $18M | $29M | -117.8% | -111.3% |
| Item | Amount |
|---|---|
| REVENUE | $387M |
| Cost of Revenue | $314M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $323M |
| OPERATING INCOME | $64M |
| Interest Income | $2M |
| Interest Expense | $58M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $49.0K |
| 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 | $68M |
| EBIT | -$5M |
| EBITDA | $64M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$61M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $297M |
| NET CASH FROM INVESTING | $291M |
| Net Debt Issuance | -$99M |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | -$131M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $157M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $303M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $0 |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $456M |
| PP&E (Net) | $4.3B |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $142M |
| Tax Assets | $0 |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $2.8B |
| Net Debt | $2.5B |
