| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $168M | $153M | 1.0% | 10.4% |
| Op. Income | $7M | -$37M | $4M | 118.0% | 75.4% |
| Gross Margin | 53.6% | 23.2% | 50.1% | 30.5pp | 3.5pp |
| Net Margin | 3.4% | -20.2% | 2.2% | 23.7pp | 1.3pp |
| EPS (Diluted) | $0.10 | $-0.60 | $0.04 | 116.7% | 150.0% |
| Free Cash Flow | $11M | $32M | $36M | -67.1% | -70.9% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $91M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $7M |
| Interest Income | $7M |
| Interest Expense | $6M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $23M |
| EBIT | $13M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $91M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $7M |
| Interest Income | $7M |
| Interest Expense | $6M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $23M |
| EBIT | $13M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$70M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $697M |
| Short-Term Investments | $0 |
| Net Receivables | $147M |
| Inventory | $153M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $325M |
| Goodwill | $1.1B |
| Intangible Assets | $409M |
| Long-Term Investments | $0 |
| Tax Assets | $737.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $530M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $715M |
| TOTAL LIABILITIES | $867M |
| Common Stock | $562.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $413M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $684M |
| Net Debt | -$14M |
