| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $135M | $77M | -23.1% | 35.2% |
| Op. Income | $9M | $23M | $6M | -61.2% | 44.5% |
| Gross Margin | 17.5% | 24.3% | 17.6% | -6.9pp | -0.1pp |
| Net Margin | 7.3% | 15.4% | 8.6% | -8.0pp | -1.2pp |
| EPS (Diluted) | $1.07 | $-2.91 | $0.92 | 136.8% | 16.3% |
| Free Cash Flow | -$11M | -$11M | $5M | 6.8% | -303.7% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $9M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $738.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $9M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $738.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $398.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $497.0K |
| Other Investing Activities | $403.0K |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $4M |
| Net Receivables | $47M |
| Inventory | $288M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $347M |
| PP&E (Net) | $75M |
| Goodwill | $19M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $108M |
| TOTAL ASSETS | $455M |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $7M |
| Additional Paid-In Capital | $18M |
| Retained Earnings | $354M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $22.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $369M |
| Minority Interest | $0 |
| TOTAL EQUITY | $369M |
| TOTAL LIABILITIES & EQUITY | $455M |
| Total Debt | $10M |
| Net Debt | $9M |
