| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $300M | $297M | $504M | 0.8% | -40.4% |
| Op. Income | -$17M | -$4M | $149M | -313.0% | -111.7% |
| Gross Margin | 97.4% | 4.5% | 33.4% | 92.8pp | 64.0pp |
| Net Margin | -2.7% | 0.4% | 27.2% | -3.1pp | -29.9pp |
| EPS (Diluted) | $-0.16 | $0.02 | $2.62 | -837.3% | -106.1% |
| Free Cash Flow | -$68M | -$76M | $4M | 10.5% | -1671.3% |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $292M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $291M |
| Operating Expenses | $309M |
| Cost & Expenses | $317M |
| OPERATING INCOME | -$17M |
| Interest Income | $5M |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | -$1M |
| EBIT | -$16M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $455M |
| Short-Term Investments | $33M |
| Net Receivables | $210M |
| Inventory | $198M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $896M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $25M |
| Tax Assets | $3M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $154M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $156M |
| TOTAL NON-CURRENT LIABILITIES | $373M |
| TOTAL LIABILITIES | $547M |
| Common Stock | $548.0K |
| Additional Paid-In Capital | $289M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $172M |
| Net Debt | -$283M |
