| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $133M | $150M | -1.3% | -12.4% |
| Op. Income | $4M | $117.0K | $3M | 3698.3% | 56.6% |
| Gross Margin | 10.1% | 6.9% | 7.2% | 3.2pp | 2.9pp |
| Net Margin | 0.9% | -1.5% | 0.2% | 2.3pp | 0.6pp |
| EPS (Diluted) | $0.10 | $-0.18 | $0.03 | 155.6% | 228.9% |
| Free Cash Flow | $10M | $7M | $5M | 34.1% | 87.8% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $13M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $57.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $13M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $57.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $67.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$377.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$377.0K |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$126.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $158M |
| Inventory | $96M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $288M |
| PP&E (Net) | $43M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $356M |
| Account Payables | $84M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74.0K |
| Other Non-Current Liabilities | $124.0K |
| TOTAL NON-CURRENT LIABILITIES | $119M |
| TOTAL LIABILITIES | $232M |
| Common Stock | $47M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $124M |
| Minority Interest | $0 |
| TOTAL EQUITY | $124M |
| TOTAL LIABILITIES & EQUITY | $356M |
| Total Debt | $127M |
| Net Debt | $121M |
