| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $454M | $402M | $426M | 12.8% | 6.5% |
| Op. Income | $34M | -$56M | $15M | 160.3% | 120.0% |
| Gross Margin | 48.3% | 39.9% | 43.7% | 8.4pp | 4.6pp |
| Net Margin | 5.4% | -9.6% | 3.0% | 15.0pp | 2.4pp |
| EPS (Diluted) | $2.16 | $-3.38 | $1.05 | 163.9% | 105.7% |
| Free Cash Flow | -$8M | $18M | -$21M | -143.4% | 61.3% |
| Item | Amount |
|---|---|
| REVENUE | $454M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $138M |
| General & Administrative | $48M |
| SG&A Expenses | $185M |
| Other Expenses | $0 |
| Operating Expenses | $185M |
| Cost & Expenses | $420M |
| OPERATING INCOME | $34M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $23M |
| EBIT | $34M |
| EBITDA | $57M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $454M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $138M |
| General & Administrative | $48M |
| SG&A Expenses | $185M |
| Other Expenses | $0 |
| Operating Expenses | $185M |
| Cost & Expenses | $420M |
| OPERATING INCOME | $34M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $23M |
| EBIT | $34M |
| EBITDA | $57M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $42.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$420.0K |
| Common Stock Repurchased | -$49M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $145M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $414M |
| PP&E (Net) | $643M |
| Goodwill | $113M |
| Intangible Assets | $16M |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $826M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $110M |
| Short-Term Debt | $12M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $101M |
| TOTAL CURRENT LIABILITIES | $241M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $343M |
| Common Stock | $112.0K |
| Additional Paid-In Capital | $682M |
| Retained Earnings | $215M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$547.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $897M |
| Minority Interest | $0 |
| TOTAL EQUITY | $897M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $47M |
| Net Debt | -$106M |
