| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $233M | $201M | 4.8% | 21.4% |
| Op. Income | -$1M | -$1M | -$4M | 6.4% | 68.7% |
| Gross Margin | 11.7% | 11.6% | 11.4% | 0.1pp | 0.2pp |
| Net Margin | -1.9% | -1.7% | -4.5% | -0.2pp | 2.6pp |
| EPS (Diluted) | $-0.13 | $-0.12 | $-0.30 | -8.3% | 56.7% |
| Free Cash Flow | $496.0K | -$7M | $314.0K | 107.2% | 58.0% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $29M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $2M |
| Operating Expenses | $30M |
| Cost & Expenses | $246M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $8M |
| EBIT | -$1M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $247.0K |
| Other Non-Cash Items | $116.0K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $116.0K |
| FREE CASH FLOW | $496.0K |
| Net Change in Cash | $612.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $263M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $460M |
| PP&E (Net) | $146M |
| Goodwill | $335M |
| Intangible Assets | $47M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $547M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $103M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $119M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $306M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $613M |
| Retained Earnings | $179M |
| Treasury Stock | -$92M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $700M |
| Minority Interest | $0 |
| TOTAL EQUITY | $700M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $170M |
| Net Debt | $61M |
