| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $330M | $344M | $352M | -4.0% | -6.2% |
| Op. Income | $12M | $124M | $16M | -90.6% | -26.0% |
| Gross Margin | 26.7% | 27.0% | 27.1% | -0.2pp | -0.3pp |
| Net Margin | 2.5% | 3.2% | 3.1% | -0.7pp | -0.7pp |
| EPS (Diluted) | $0.45 | $0.58 | $0.56 | -22.4% | -19.6% |
| Free Cash Flow | -$4M | $23M | $11M | -117.2% | -134.5% |
| Item | Amount |
|---|---|
| REVENUE | $330M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $75M |
| SG&A Expenses | $75M |
| Other Expenses | $1M |
| Operating Expenses | $77M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$565.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| 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 | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $330M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $75M |
| SG&A Expenses | $75M |
| Other Expenses | $1M |
| Operating Expenses | $77M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$565.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| 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 | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$235.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $249.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$686.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $95.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $444.0K |
| Short-Term Investments | $0 |
| Net Receivables | $221M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $230M |
| PP&E (Net) | $21M |
| Goodwill | $25M |
| Intangible Assets | $34M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $138M |
| TOTAL ASSETS | $368M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $555.0K |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $66M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $119M |
| TOTAL LIABILITIES | $230M |
| Common Stock | $738.0K |
| Additional Paid-In Capital | $547M |
| Retained Earnings | $547M |
| Treasury Stock | -$957M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $138M |
| Minority Interest | $0 |
| TOTAL EQUITY | $138M |
| TOTAL LIABILITIES & EQUITY | $368M |
| Total Debt | $81M |
| Net Debt | $80M |
