| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $155M | $161M | 7.3% | 3.1% |
| Op. Income | $21M | $14M | $21M | 54.7% | -0.9% |
| Gross Margin | 30.0% | 29.5% | 30.9% | 0.6pp | -0.9pp |
| Net Margin | 10.3% | 8.2% | 9.3% | 2.1pp | 1.0pp |
| EPS (Diluted) | $1.57 | $1.17 | $1.36 | 34.2% | 15.4% |
| Free Cash Flow | $12M | $48M | $15M | -73.9% | -16.5% |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $50M |
| R&D Expenses | $4M |
| Selling & Marketing | $10M |
| General & Administrative | $15M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $21M |
| Interest Income | $1M |
| Interest Expense | $752.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $5M |
| EBIT | $23M |
| EBITDA | $28M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $50M |
| R&D Expenses | $4M |
| Selling & Marketing | $10M |
| General & Administrative | $15M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $21M |
| Interest Income | $1M |
| Interest Expense | $752.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $5M |
| EBIT | $23M |
| EBITDA | $28M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$666.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $835.0K |
| Other Investing Activities | -$499.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $52.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $0 |
| Net Receivables | $121M |
| Inventory | $158M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $133M |
| Goodwill | $84M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $269M |
| TOTAL ASSETS | $771M |
| Account Payables | $53M |
| Short-Term Debt | $229.0K |
| Deferred Revenue | $18M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $646.0K |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $153M |
| TOTAL LIABILITIES | $283M |
| Common Stock | $19M |
| Additional Paid-In Capital | $105M |
| Retained Earnings | $700M |
| Treasury Stock | -$300M |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $488M |
| Minority Interest | $0 |
| TOTAL EQUITY | $488M |
| TOTAL LIABILITIES & EQUITY | $771M |
| Total Debt | $134M |
| Net Debt | -$60M |
