| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $189M | $169M | -9.6% | 1.6% |
| Op. Income | $3M | $8M | $21M | -58.4% | -84.7% |
| Gross Margin | 37.7% | 38.8% | 37.2% | -1.2pp | 0.5pp |
| Net Margin | 3.7% | 5.1% | 12.9% | -1.4pp | -9.2pp |
| EPS (Diluted) | $0.08 | $0.12 | $0.28 | -33.3% | -71.4% |
| Free Cash Flow | $5M | $28M | $20M | -82.5% | -74.7% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $65M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $3M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $9M |
| EBIT | $3M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $65M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $3M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $9M |
| EBIT | $3M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$691.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$67M |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | -$273.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $169M |
| Net Receivables | $99M |
| Inventory | $110M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $551M |
| PP&E (Net) | $228M |
| Goodwill | $200M |
| Intangible Assets | $10M |
| Long-Term Investments | $69M |
| Tax Assets | $93M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $605M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $65M |
| Short-Term Debt | $1M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $66M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $77.0K |
| Additional Paid-In Capital | $844M |
| Retained Earnings | $127M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $966M |
| Minority Interest | $0 |
| TOTAL EQUITY | $966M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $37M |
| Net Debt | -$92M |
