| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $617M | — | — | — | — |
| Op. Income | -$20M | — | — | — | — |
| Gross Margin | 21.9% | — | — | — | — |
| Net Margin | -2.8% | — | — | — | — |
| EPS (Diluted) | $-0.15 | — | — | — | — |
| Free Cash Flow | -$81M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $617M |
| Cost of Revenue | $482M |
| GROSS PROFIT | $135M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $115M |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $155M |
| Cost & Expenses | $637M |
| OPERATING INCOME | -$20M |
| Interest Income | $6M |
| Interest Expense | $16M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $60M |
| EBIT | -$12M |
| EBITDA | $48M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$88M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$62M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | -$81M |
| Net Change in Cash | -$150M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $573M |
| Short-Term Investments | $0 |
| Net Receivables | $567M |
| Inventory | $218M |
| Other Current Assets | $211M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $409M |
| Goodwill | $1.5B |
| Intangible Assets | $89M |
| Long-Term Investments | $0 |
| Tax Assets | $196M |
| Other Non-Current Assets | $554M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $325M |
| Short-Term Debt | $0 |
| Deferred Revenue | $225M |
| Other Current Liabilities | $763M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $457M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $809M |
| Retained Earnings | $496M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$449M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.3B |
| Net Debt | $767M |
