| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $260M | $284M | $227M | -8.3% | 14.4% |
| Op. Income | $13M | -$34M | $5M | 137.8% | 141.7% |
| Gross Margin | 33.1% | 23.7% | 32.7% | 9.3pp | 0.4pp |
| Net Margin | 8.9% | -21.9% | 8.0% | 30.8pp | 0.9pp |
| EPS (Diluted) | $0.13 | $-0.40 | $0.09 | 132.5% | 44.4% |
| Free Cash Flow | -$12M | -$41M | -$35M | 70.0% | 64.9% |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $38M |
| Operating Expenses | $73M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | $251.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $37M |
| EBIT | $62M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $38M |
| Operating Expenses | $73M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | $251.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $37M |
| EBIT | $62M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$35M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$312.0K |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $14M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $88M |
| PP&E (Net) | $2.0B |
| Goodwill | $834M |
| Intangible Assets | $45M |
| Long-Term Investments | $0 |
| Tax Assets | $123M |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $47M |
| Short-Term Debt | $9M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $558M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $510M |
| Retained Earnings | -$280M |
| Treasury Stock | -$393M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$40M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$40M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
