| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $89M | $67M | -5.6% | 25.0% |
| Op. Income | -$4M | $6M | $3M | -165.1% | -232.5% |
| Gross Margin | 24.5% | 33.6% | 35.3% | -9.1pp | -10.9pp |
| Net Margin | 2.9% | 11.4% | 15.2% | -8.6pp | -12.4pp |
| EPS (Diluted) | $0.06 | $0.26 | $0.33 | -77.8% | -82.5% |
| Free Cash Flow | $30M | $37M | $25M | -19.2% | 21.1% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $22M |
| Operating Expenses | $24M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$4M |
| Interest Income | $103.0K |
| Interest Expense | $4M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $25M |
| EBIT | $6M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$307.0K |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $936M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $952M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $162M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $363M |
| TOTAL LIABILITIES | $445M |
| Common Stock | $589M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $589M |
| Minority Interest | $0 |
| TOTAL EQUITY | $589M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $162M |
| Net Debt | $151M |
