| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $143M | $162M | 7.5% | -4.9% |
| Op. Income | $19M | $5M | $28M | 254.2% | -32.1% |
| Gross Margin | 71.8% | 66.3% | 72.9% | 5.5pp | -1.1pp |
| Net Margin | 7.6% | 1.6% | 10.3% | 6.0pp | -2.7pp |
| EPS (Diluted) | $0.76 | $0.14 | $1.16 | 442.9% | -34.5% |
| Free Cash Flow | $3M | $381.0K | $19M | 585.6% | -86.4% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $19M |
| Interest Income | $388.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| 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 | $5M |
| EBIT | $19M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $19M |
| Interest Income | $388.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| 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 | $5M |
| EBIT | $19M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $966.0K |
| Deferred Income Tax | -$773.0K |
| Other Non-Cash Items | $397.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$487.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $61M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $122M |
| PP&E (Net) | $184M |
| Goodwill | $60M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $311M |
| TOTAL ASSETS | $433M |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $70M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $197M |
| TOTAL LIABILITIES | $321M |
| Common Stock | $156.0K |
| Additional Paid-In Capital | $241M |
| Retained Earnings | -$125M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $0 |
| TOTAL EQUITY | $112M |
| TOTAL LIABILITIES & EQUITY | $433M |
| Total Debt | $225M |
| Net Debt | $194M |
