| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $260M | $273M | $231M | -4.7% | 12.6% |
| Op. Income | $18M | $18M | -$726.0K | -3.9% | 2537.9% |
| Gross Margin | 32.1% | 31.9% | 29.3% | 0.2pp | 2.8pp |
| Net Margin | 2.7% | 0.3% | -3.5% | 2.4pp | 6.1pp |
| EPS (Diluted) | $0.17 | $0.02 | $-0.20 | 814.0% | 185.0% |
| Free Cash Flow | $3M | $15M | $9M | -80.2% | -65.2% |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $243M |
| OPERATING INCOME | $18M |
| Interest Income | $531.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| 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 | $9M |
| EBIT | $18M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $243M |
| OPERATING INCOME | $18M |
| Interest Income | $531.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| 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 | $9M |
| EBIT | $18M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $179.0K |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$611.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $653.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $38M |
| Net Receivables | $161M |
| Inventory | $273M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $571M |
| PP&E (Net) | $244M |
| Goodwill | $55M |
| Intangible Assets | $43M |
| Long-Term Investments | $12M |
| Tax Assets | $26M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $396M |
| TOTAL ASSETS | $966M |
| Account Payables | $87M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $177M |
| Long-Term Debt | $467M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $531M |
| TOTAL LIABILITIES | $708M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $246M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$124M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $259M |
| Minority Interest | $0 |
| TOTAL EQUITY | $259M |
| TOTAL LIABILITIES & EQUITY | $966M |
| Total Debt | $512M |
| Net Debt | $460M |
