| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $69M | $44M | -50.9% | -23.5% |
| Op. Income | $8M | $36M | $11M | -78.9% | -28.7% |
| Gross Margin | 9.2% | 53.2% | 26.9% | -44.0pp | -17.7pp |
| Net Margin | 21.5% | 53.9% | 23.9% | -32.4pp | -2.4pp |
| EPS (Diluted) | $0.09 | $0.45 | $0.14 | -80.4% | -37.1% |
| Free Cash Flow | $144M | $96M | $1M | 50.7% | 12696.1% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$7M |
| Operating Expenses | -$5M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $8M |
| Interest Income | $84M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $402.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$7M |
| Operating Expenses | -$5M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $8M |
| Interest Income | $84M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $402.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $179M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$202M |
| Sales/Maturities of Investments | $352M |
| Other Investing Activities | -$151M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$38.0K |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $103M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $822.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$815M |
| 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 | $3.1B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
