| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $113M | $118M | -1.1% | -5.2% |
| Op. Income | $762.0K | -$17M | $4M | 104.4% | -78.5% |
| Gross Margin | 31.7% | 31.9% | 30.9% | -0.2pp | 0.8pp |
| Net Margin | 0.4% | -17.6% | -0.6% | 18.1pp | 1.0pp |
| EPS (Diluted) | $0.16 | $-6.34 | $-0.22 | 102.5% | 172.7% |
| Free Cash Flow | $8M | $3M | $6M | 132.9% | 22.0% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $30M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $762.0K |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$189.0K |
| INCOME BEFORE TAX | $573.0K |
| Income Tax Expense | $81.0K |
| Net Income from Continuing Ops | $492.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $492.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $492.0K |
| D&A | $5M |
| EBIT | $5M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $30M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $762.0K |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$189.0K |
| INCOME BEFORE TAX | $573.0K |
| Income Tax Expense | $81.0K |
| Net Income from Continuing Ops | $492.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $492.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $492.0K |
| D&A | $5M |
| EBIT | $5M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $492.0K |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $51.0K |
| Deferred Income Tax | -$455.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$157.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $123M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $137M |
| Goodwill | $61M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $223M |
| TOTAL ASSETS | $396M |
| Account Payables | $28M |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $201M |
| TOTAL LIABILITIES | $322M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $70M |
| Retained Earnings | $13M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | $0 |
| TOTAL EQUITY | $73M |
| TOTAL LIABILITIES & EQUITY | $396M |
| Total Debt | $252M |
| Net Debt | $245M |
