| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $188M | — | -20.5% | — |
| Op. Income | -$9M | -$56M | — | 84.2% | — |
| Gross Margin | 27.6% | 26.7% | — | 0.9pp | — |
| Net Margin | -7.2% | -26.1% | — | 18.9pp | — |
| EPS (Diluted) | $-0.04 | $-0.19 | — | 78.4% | — |
| Free Cash Flow | $5M | $15M | — | -70.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $41M |
| R&D Expenses | $73.1K |
| Selling & Marketing | $3M |
| General & Administrative | $35M |
| SG&A Expenses | $38M |
| Other Expenses | $12M |
| Operating Expenses | $50M |
| Cost & Expenses | $159M |
| OPERATING INCOME | -$9M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $10M |
| EBIT | -$9M |
| EBITDA | $957.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$521.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $66.5K |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $3M |
| Net Receivables | $22M |
| Inventory | $99M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $307M |
| PP&E (Net) | $197M |
| Goodwill | $91M |
| Intangible Assets | $44M |
| Long-Term Investments | $317M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $652M |
| TOTAL ASSETS | $959M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $88M |
| TOTAL LIABILITIES | $155M |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$952M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $34M |
| Other Equity | $487.4K |
| TOTAL STOCKHOLDERS' EQUITY | $804M |
| Minority Interest | $0 |
| TOTAL EQUITY | $804M |
| TOTAL LIABILITIES & EQUITY | $959M |
| Total Debt | $108M |
| Net Debt | -$53M |
