| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $284M | $282M | -5.7% | -4.9% |
| Op. Income | -$6M | $19M | $5M | -133.8% | -219.1% |
| Gross Margin | 17.1% | 23.3% | 18.9% | -6.3pp | -1.9pp |
| Net Margin | -2.2% | 5.7% | 1.6% | -7.9pp | -3.8pp |
| EPS (Diluted) | $-0.11 | $0.32 | $0.09 | -134.4% | -221.7% |
| Free Cash Flow | -$12M | -$3M | -$13M | -360.1% | 5.2% |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $222M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $52M |
| Operating Expenses | $52M |
| Cost & Expenses | $274M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$510.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $4M |
| EBIT | -$1M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $10.0K |
| Other Non-Cash Items | -$964.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$350.0K |
| Acquisitions (Net) | $19M |
| Purchases of Investments | -$316M |
| Sales/Maturities of Investments | $305M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$863.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $4.0B |
| Net Receivables | $635M |
| Inventory | $0 |
| Other Current Assets | -$4.1B |
| TOTAL CURRENT ASSETS | $535M |
| PP&E (Net) | $16M |
| Goodwill | $6M |
| Intangible Assets | $53M |
| Long-Term Investments | $360M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$222M |
| TOTAL NON-CURRENT ASSETS | $212M |
| TOTAL ASSETS | $5.5B |
| Account Payables | $22M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$147M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $299M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $185M |
| TOTAL NON-CURRENT LIABILITIES | $501M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $639.0K |
| Additional Paid-In Capital | $409M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$470M |
| Accum. Other Comp. Income | -$135M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $440M |
| Net Debt | $397M |
