| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | $192M | $213M | -0.9% | -10.7% |
| Op. Income | -$300.0K | -$13M | $12M | 97.6% | -102.6% |
| Gross Margin | 29.9% | 32.1% | 32.0% | -2.2pp | -2.0pp |
| Net Margin | -0.7% | -0.3% | 3.7% | -0.5pp | -4.4pp |
| EPS (Diluted) | $-0.08 | $-0.03 | $0.42 | -181.4% | -118.0% |
| Free Cash Flow | $2M | $18M | $19M | -88.5% | -88.8% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $57M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $6M |
| Operating Expenses | $57M |
| Cost & Expenses | $191M |
| OPERATING INCOME | -$300.0K |
| Interest Income | $800.0K |
| Interest Expense | $500.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$200.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $13M |
| EBIT | $6M |
| EBITDA | $18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100.0K |
| Sales/Maturities of Investments | $200.0K |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$400.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $0 |
| Net Receivables | $169M |
| Inventory | $143M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $503M |
| PP&E (Net) | $399M |
| Goodwill | $363M |
| Intangible Assets | $110M |
| Long-Term Investments | $0 |
| Tax Assets | $66M |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $113M |
| TOTAL LIABILITIES | $240M |
| Common Stock | $19M |
| Additional Paid-In Capital | $150M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $24M |
| Net Debt | -$151M |
