| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $246M | $229M | -0.3% | 7.0% |
| Op. Income | $69M | $75M | $67M | -6.9% | 3.8% |
| Gross Margin | 66.7% | 70.0% | 67.3% | -3.3pp | -0.5pp |
| Net Margin | 8.4% | 10.3% | 10.3% | -2.0pp | -1.9pp |
| EPS (Diluted) | $0.14 | $0.18 | $0.19 | -22.2% | -26.3% |
| Free Cash Flow | $36M | $101M | -$33M | -64.1% | 211.0% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $94M |
| Operating Expenses | $94M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $70M |
| EBIT | $79M |
| EBITDA | $150M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $94M |
| Operating Expenses | $94M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $70M |
| EBIT | $79M |
| EBITDA | $150M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $85.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $327.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $32M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$12.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0K |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $134M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $243M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $209M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $166M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | -$181M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$12M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$12M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
