| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $182M | $174M | -8.1% | -4.1% |
| Op. Income | $14M | $4M | $22M | 264.7% | -35.8% |
| Gross Margin | 40.9% | 40.6% | 43.2% | 0.3pp | -2.3pp |
| Net Margin | 7.1% | 8.2% | 12.5% | -1.1pp | -5.4pp |
| EPS (Diluted) | $0.20 | $0.26 | $0.37 | -23.1% | -45.9% |
| Free Cash Flow | $13M | $23M | $3M | -43.0% | 292.7% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $68M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $777.0K |
| Operating Expenses | $54M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $14M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | $836.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $68M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $777.0K |
| Operating Expenses | $54M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $14M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | $836.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $257.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $175M |
| Short-Term Investments | $178M |
| Net Receivables | $148M |
| Inventory | $254M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $795M |
| PP&E (Net) | $140M |
| Goodwill | $215M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $119M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $484M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $57M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $250M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $663.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $288M |
| TOTAL LIABILITIES | $467M |
| Common Stock | $583.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$447M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $812M |
| Minority Interest | $0 |
| TOTAL EQUITY | $812M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $287M |
| Net Debt | $113M |
