| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $197M | $188M | $202M | 4.7% | -2.3% |
| Op. Income | $61M | $42M | $76M | 42.9% | -20.5% |
| Gross Margin | 34.0% | 100.0% | 33.4% | -66.0pp | 0.5pp |
| Net Margin | 19.1% | 10.2% | 26.8% | 8.9pp | -7.7pp |
| EPS (Diluted) | $1.04 | $0.41 | $1.60 | 153.7% | -35.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$4M |
| Operating Expenses | $6M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $61M |
| Interest Income | $2M |
| Interest Expense | $24M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $63M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $197M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$4M |
| Operating Expenses | $6M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $61M |
| Interest Income | $2M |
| Interest Expense | $24M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $63M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $1M |
