| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $679M | $709M | $533M | -4.2% | 27.2% |
| Op. Income | $11M | $8M | -$6M | 36.2% | 266.7% |
| Gross Margin | 21.7% | 19.5% | 19.3% | 2.3pp | 2.5pp |
| Net Margin | 0.9% | 1.6% | -2.5% | -0.7pp | 3.5pp |
| EPS (Diluted) | $0.02 | $0.05 | $-0.06 | -62.5% | 130.8% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $679M |
| Cost of Revenue | $531M |
| GROSS PROFIT | $147M |
| R&D Expenses | $8M |
| Selling & Marketing | $55M |
| General & Administrative | $13M |
| SG&A Expenses | $68M |
| Other Expenses | $61M |
| Operating Expenses | $137M |
| Cost & Expenses | $668M |
| OPERATING INCOME | $11M |
| Interest Income | $913.2K |
| Interest Expense | $392.2K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $914.4K |
| 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 | $11M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $679M |
| Cost of Revenue | $531M |
| GROSS PROFIT | $147M |
| R&D Expenses | $8M |
| Selling & Marketing | $55M |
| General & Administrative | $13M |
| SG&A Expenses | $68M |
| Other Expenses | $61M |
| Operating Expenses | $137M |
| Cost & Expenses | $668M |
| OPERATING INCOME | $11M |
| Interest Income | $913.2K |
| Interest Expense | $392.2K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $914.4K |
| 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 | $11M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $264M |
| Short-Term Investments | $84M |
| Net Receivables | $182M |
| Inventory | $108M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $653M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $76M |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $783M |
| Account Payables | $22M |
| Short-Term Debt | $41M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $770.3K |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $236M |
| Common Stock | $547M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $547M |
| Minority Interest | $0 |
| TOTAL EQUITY | $547M |
| TOTAL LIABILITIES & EQUITY | $783M |
| Total Debt | $52M |
| Net Debt | -$212M |
