| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $106M | $89M | 15.6% | 38.1% |
| Op. Income | $43M | -$7M | $20M | 715.0% | 117.0% |
| Gross Margin | 40.6% | 32.1% | 30.1% | 8.5pp | 10.4pp |
| Net Margin | 8.0% | -10.9% | 18.2% | 18.9pp | -10.3pp |
| EPS (Diluted) | $0.07 | $-0.09 | $0.12 | 183.4% | -37.7% |
| Free Cash Flow | -$25M | -$33M | -$4M | 24.2% | -597.6% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$120.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $48M |
| EBIT | $18M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$120.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $80M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $48M |
| EBIT | $18M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $653.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$101M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$65M |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$16.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $22M |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $955M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $959M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $91M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $250M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $349M |
| TOTAL LIABILITIES | $456M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $656M |
| Retained Earnings | $11M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $631M |
| Minority Interest | $0 |
| TOTAL EQUITY | $631M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $250M |
| Net Debt | $234M |
