| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $132M | $137M | -13.4% | -16.6% |
| Op. Income | -$1M | $7M | $10M | -120.2% | -113.5% |
| Gross Margin | 8.7% | 30.1% | 16.4% | -21.4pp | -7.7pp |
| Net Margin | 2.2% | 3.7% | 5.6% | -1.5pp | -3.4pp |
| EPS (Diluted) | $0.37 | $0.70 | $1.04 | -47.1% | -64.4% |
| Free Cash Flow | -$7M | $3M | -$5M | -341.6% | -41.3% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $11M |
| Other Expenses | $795.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $116M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $681.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $732.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $795.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $795.0K |
| Stock-Based Compensation | $47.0K |
| Deferred Income Tax | -$10.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | -$123.0K |
| Common Dividends Paid | -$279.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $120M |
| Other Current Assets | $713.0K |
| TOTAL CURRENT ASSETS | $162M |
| PP&E (Net) | $60M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $333.0K |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $223M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $106.0K |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $93M |
| Common Stock | $9M |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $99M |
| Treasury Stock | -$13M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $130M |
| Minority Interest | $0 |
| TOTAL EQUITY | $130M |
| TOTAL LIABILITIES & EQUITY | $223M |
| Total Debt | $49M |
| Net Debt | $45M |
