| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $259M | $277M | $290M | -6.8% | -10.8% |
| Op. Income | -$8M | -$62M | $4M | 87.8% | -297.4% |
| Gross Margin | 17.3% | 11.2% | 18.6% | 6.1pp | -1.4pp |
| Net Margin | -7.1% | -20.7% | 0.3% | 13.6pp | -7.4pp |
| EPS (Diluted) | $-0.52 | $-1.62 | $0.02 | 67.9% | -2196.8% |
| Free Cash Flow | -$3M | $16M | -$19M | -117.1% | 86.1% |
| Item | Amount |
|---|---|
| REVENUE | $259M |
| Cost of Revenue | $214M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $6M |
| Operating Expenses | $52M |
| Cost & Expenses | $266M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $14M |
| EBIT | -$8M |
| EBITDA | $6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$500.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $0 |
| Net Receivables | $253M |
| Inventory | $220M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $612M |
| PP&E (Net) | $239M |
| Goodwill | $171M |
| Intangible Assets | $252M |
| Long-Term Investments | $0 |
| Tax Assets | $36M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $766M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $161M |
| Short-Term Debt | $200.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $261M |
| Long-Term Debt | $296M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $373M |
| TOTAL LIABILITIES | $634M |
| Common Stock | $18M |
| Additional Paid-In Capital | $187M |
| Retained Earnings | $587M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $744M |
| Minority Interest | $0 |
| TOTAL EQUITY | $744M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $323M |
| Net Debt | $212M |
