| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $217M | $211M | 1.1% | 4.0% |
| Op. Income | $17M | $17M | $17M | -2.3% | -0.8% |
| Gross Margin | 16.5% | 17.0% | 10.0% | -0.5pp | 6.5pp |
| Net Margin | 7.0% | 6.6% | 10.0% | 0.3pp | -3.1pp |
| EPS (Diluted) | $0.15 | $0.14 | $0.21 | 7.1% | -28.6% |
| Free Cash Flow | $8M | $13M | $14M | -36.5% | -38.8% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $15M |
| Operating Expenses | $19M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $419.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $17M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $15M |
| Operating Expenses | $19M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $419.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $17M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $57.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$9.0K |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $50M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $526M |
| Long-Term Investments | $104.0K |
| Tax Assets | $1M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $579M |
| TOTAL ASSETS | $709M |
| Account Payables | $30M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.0K |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $178M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $817M |
| Retained Earnings | -$286M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$279.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $531M |
| Minority Interest | $0 |
| TOTAL EQUITY | $531M |
| TOTAL LIABILITIES & EQUITY | $709M |
| Total Debt | $111M |
| Net Debt | $88M |
