| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $227M | — | $239M | — | -5.2% |
| Op. Income | $52M | — | $67M | — | -23.2% |
| Gross Margin | 27.6% | — | 32.4% | — | -4.9pp |
| Net Margin | 7.0% | — | 17.4% | — | -10.4pp |
| EPS (Diluted) | $0.14 | — | $0.44 | — | -68.2% |
| Free Cash Flow | $91M | — | $89M | — | 2.8% |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $64M |
| EBIT | $34M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $64M |
| EBIT | $34M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $143M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$303M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$162M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | -$98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $157M |
| Inventory | $25M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $196M |
| PP&E (Net) | $2.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $114.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $460M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $113M |
| TOTAL NON-CURRENT LIABILITIES | $582M |
| TOTAL LIABILITIES | $864M |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $474M |
| Net Debt | $466M |
