| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | $154M | $166M | 1.5% | -6.3% |
| Op. Income | $20M | $11M | $21M | 73.1% | -6.1% |
| Gross Margin | 32.2% | 29.1% | 30.0% | 3.0pp | 2.1pp |
| Net Margin | 10.6% | 7.0% | 10.3% | 3.6pp | 0.3pp |
| EPS (Diluted) | $1.54 | $0.99 | $1.57 | 55.6% | -1.9% |
| Free Cash Flow | -$15M | $50M | $12M | -130.3% | -221.0% |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $50M |
| R&D Expenses | $5M |
| Selling & Marketing | $11M |
| General & Administrative | $15M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $20M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| 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 | $22M |
| EBITDA | $27M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $50M |
| R&D Expenses | $5M |
| Selling & Marketing | $11M |
| General & Administrative | $15M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $20M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| 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 | $22M |
| EBITDA | $27M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$58M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | -$597.0K |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $0 |
| Net Receivables | $129M |
| Inventory | $146M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $507M |
| PP&E (Net) | $173M |
| Goodwill | $84M |
| Intangible Assets | $23M |
| Long-Term Investments | $8M |
| Tax Assets | $19M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $321M |
| TOTAL ASSETS | $828M |
| Account Payables | $57M |
| Short-Term Debt | $186.0K |
| Deferred Revenue | $15M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $148M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $310M |
| Common Stock | $19M |
| Additional Paid-In Capital | $113M |
| Retained Earnings | $758M |
| Treasury Stock | -$341M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $518M |
| Minority Interest | $0 |
| TOTAL EQUITY | $518M |
| TOTAL LIABILITIES & EQUITY | $828M |
| Total Debt | $136M |
| Net Debt | -$64M |
