| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | $270M | $234M | 2.5% | 18.0% |
| Op. Income | $17M | $15M | $25M | 16.0% | -30.8% |
| Gross Margin | 16.9% | 18.5% | 24.4% | -1.7pp | -7.5pp |
| Net Margin | 4.2% | 3.7% | 7.5% | 0.5pp | -3.3pp |
| EPS (Diluted) | $1.00 | $0.86 | $1.51 | 16.3% | -33.8% |
| Free Cash Flow | -$3M | $24M | $16M | -112.2% | -118.7% |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $10M |
| SG&A Expenses | $30M |
| Other Expenses | -$411.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $516.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $16M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $10M |
| SG&A Expenses | $30M |
| Other Expenses | -$411.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $516.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $16M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $935.0K |
| Deferred Income Tax | -$550.0K |
| Other Non-Cash Items | $135.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$56.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$42.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $442.0K |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $195M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $287M |
| PP&E (Net) | $190M |
| Goodwill | $12M |
| Intangible Assets | $5M |
| Long-Term Investments | $29M |
| Tax Assets | $4M |
| Other Non-Current Assets | -$8M |
| TOTAL NON-CURRENT ASSETS | $232M |
| TOTAL ASSETS | $519M |
| Account Payables | $60M |
| Short-Term Debt | $49M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $209M |
| Common Stock | $117.0K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | $174M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $311M |
| Minority Interest | $0 |
| TOTAL EQUITY | $311M |
| TOTAL LIABILITIES & EQUITY | $519M |
| Total Debt | $81M |
| Net Debt | $80M |
