| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $171M | — | 12.4% | — |
| Op. Income | $14M | $7M | — | 111.1% | — |
| Gross Margin | 46.8% | 50.7% | — | -3.9pp | — |
| Net Margin | -0.5% | -5.2% | — | 4.7pp | — |
| EPS (Diluted) | $-0.03 | $-0.22 | — | 88.2% | — |
| Free Cash Flow | -$4M | $34M | — | -113.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $64M |
| Operating Expenses | $76M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $84.0K |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $4.0K |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $13M |
| EBIT | $14M |
| EBITDA | $27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $43.0K |
| Deferred Income Tax | -$214.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | $2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $479.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$199.0K |
| Other Financing Activities | -$63.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$3.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52.0K |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $44M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $130M |
| PP&E (Net) | $369M |
| Goodwill | $17M |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $10M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $404M |
| TOTAL ASSETS | $533M |
| Account Payables | $58M |
| Short-Term Debt | $14.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$14.0K |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $451M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $509M |
| TOTAL LIABILITIES | $605M |
| Common Stock | -$73M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$73M |
| Minority Interest | $1M |
| TOTAL EQUITY | -$72M |
| TOTAL LIABILITIES & EQUITY | $533M |
| Total Debt | $521M |
| Net Debt | $520M |
