| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $33M | $32M | 31.0% | 37.4% |
| Op. Income | -$549.0K | $8M | $9M | -106.7% | -106.4% |
| Gross Margin | 66.2% | 80.2% | 82.8% | -14.0pp | -16.6pp |
| Net Margin | -0.6% | 19.9% | 21.4% | -20.5pp | -22.0pp |
| EPS (Diluted) | $-0.03 | $0.77 | $0.80 | -103.6% | -103.5% |
| Free Cash Flow | -$730.0K | $5M | $11M | -113.7% | -106.8% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $16M |
| Operating Expenses | $29M |
| Cost & Expenses | $44M |
| OPERATING INCOME | -$549.0K |
| Interest Income | $36M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$549.0K |
| Income Tax Expense | -$277.0K |
| Net Income from Continuing Ops | -$272.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$272.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$272.0K |
| D&A | $1M |
| EBIT | -$549.0K |
| EBITDA | $896.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$272.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $612.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$71.0K |
| Capital Expenditure | -$659.0K |
| Acquisitions (Net) | $36M |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $89M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$730.0K |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $456M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $579M |
| PP&E (Net) | $38M |
| Goodwill | $64M |
| Intangible Assets | $26M |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $177M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $255M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $299M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $28M |
| Additional Paid-In Capital | $178M |
| Retained Earnings | $231M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $387M |
| Minority Interest | $0 |
| TOTAL EQUITY | $387M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $305M |
| Net Debt | $182M |
