| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $128M | $113M | -10.9% | 1.0% |
| Op. Income | $9M | $9M | $8M | 2.4% | 9.1% |
| Gross Margin | 41.2% | 41.5% | 39.1% | -0.3pp | 2.1pp |
| Net Margin | 4.3% | 3.7% | 2.3% | 0.6pp | 2.1pp |
| EPS (Diluted) | $0.66 | $0.64 | $0.34 | 3.1% | 94.1% |
| Free Cash Flow | $529.0K | $23M | $17M | -97.7% | -96.9% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $38M |
| Operating Expenses | $38M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $38M |
| Operating Expenses | $38M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $386.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$701.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$701.0K |
| Net Debt Issuance | -$252.0K |
| Common Stock Repurchased | -$201.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$82.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $529.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $176M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $259M |
| PP&E (Net) | $55M |
| Goodwill | $48M |
| Intangible Assets | $105M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $210M |
| TOTAL ASSETS | $468M |
| Account Payables | $65M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $120M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $769.0K |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $232M |
| Common Stock | $74M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $162M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $236M |
| Minority Interest | $0 |
| TOTAL EQUITY | $236M |
| TOTAL LIABILITIES & EQUITY | $468M |
| Total Debt | $134M |
| Net Debt | $132M |
