| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $492M | $518M | $535M | -5.1% | -8.0% |
| Op. Income | $63M | $74M | $77M | -14.8% | -18.2% |
| Gross Margin | 24.3% | 25.6% | 25.4% | -1.3pp | -1.1pp |
| Net Margin | -29.3% | 10.4% | 8.7% | -39.7pp | -38.0pp |
| EPS (Diluted) | $-4.51 | $1.68 | $1.44 | -368.5% | -413.2% |
| Free Cash Flow | -$23M | $42M | $39M | -153.7% | -157.6% |
| Item | Amount |
|---|---|
| REVENUE | $492M |
| Cost of Revenue | $372M |
| GROSS PROFIT | $120M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$238M |
| INCOME BEFORE TAX | -$175M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | -$143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$144M |
| D&A | $27M |
| EBIT | -$162M |
| EBITDA | -$135M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$144M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $182M |
| Change in Working Capital | -$69M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $307M |
| Short-Term Investments | $6M |
| Net Receivables | $406M |
| Inventory | $353M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $992M |
| Goodwill | $915M |
| Intangible Assets | $216M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $128M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $190M |
| Short-Term Debt | $26M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $384M |
| TOTAL CURRENT LIABILITIES | $600M |
| Long-Term Debt | $960M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $88M |
| Other Non-Current Liabilities | $119M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $524M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$921M |
| Accum. Other Comp. Income | -$377M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $37M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $986M |
| Net Debt | $680M |
