| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $327M | $260M | $311M | 25.4% | 4.9% |
| Op. Income | $56M | $26M | $55M | 115.8% | 1.9% |
| Gross Margin | 71.6% | 22.5% | 21.1% | 49.1pp | 50.4pp |
| Net Margin | 11.2% | 5.2% | 11.3% | 6.0pp | -0.2pp |
| EPS (Diluted) | $0.66 | $0.24 | $0.64 | 175.0% | 3.1% |
| Free Cash Flow | $1M | $86M | $1M | -98.8% | -0.1% |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $234M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $167M |
| Operating Expenses | $178M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $56M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $25M |
| EBIT | $39M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $234M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $167M |
| Operating Expenses | $178M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $56M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $25M |
| EBIT | $39M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $718.0K |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $105M |
| Net Receivables | $40M |
| Inventory | $11M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $980M |
| Goodwill | $222M |
| Intangible Assets | $77M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $57M |
| Short-Term Debt | $92M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $143M |
| TOTAL CURRENT LIABILITIES | $383M |
| Long-Term Debt | $221M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $606M |
| TOTAL LIABILITIES | $989M |
| Common Stock | $602.0K |
| Additional Paid-In Capital | $535M |
| Retained Earnings | $184M |
| Treasury Stock | -$116M |
| Accum. Other Comp. Income | -$35.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $603M |
| Minority Interest | $0 |
| TOTAL EQUITY | $603M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $599M |
| Net Debt | $545M |
