| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $364M | $446M | $417M | -18.2% | -12.7% |
| Op. Income | -$10M | -$53M | $9M | 81.3% | -212.3% |
| Gross Margin | 67.8% | 62.7% | 70.5% | 5.1pp | -2.7pp |
| Net Margin | 29.5% | -8.1% | -0.1% | 37.6pp | 29.6pp |
| EPS (Diluted) | $2.14 | $-0.73 | $-0.01 | 393.2% | 19914.8% |
| Free Cash Flow | -$13M | $13M | -$9M | -199.9% | -47.2% |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $247M |
| R&D Expenses | $0 |
| Selling & Marketing | $119M |
| General & Administrative | $113M |
| SG&A Expenses | $232M |
| Other Expenses | $25M |
| Operating Expenses | $257M |
| Cost & Expenses | $374M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $145M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $14M |
| EBIT | $138M |
| EBITDA | $152M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $631.0K |
| Other Non-Cash Items | -$112M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $389.0K |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $194M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $182M |
| Net Debt Issuance | -$156M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$166M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $204M |
| Short-Term Investments | $10M |
| Net Receivables | $57M |
| Inventory | $189M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $525M |
| PP&E (Net) | $459M |
| Goodwill | $84M |
| Intangible Assets | $48M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $867M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $34M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $260M |
| Long-Term Debt | $219M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $377M |
| TOTAL LIABILITIES | $637M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $623M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$124M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $754M |
| Minority Interest | $0 |
| TOTAL EQUITY | $754M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $301M |
| Net Debt | $97M |
