| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $74M | $64M | 3.2% | 20.7% |
| Op. Income | $5M | $5M | $6M | -14.9% | -21.3% |
| Gross Margin | 61.7% | 60.7% | 62.8% | 1.0pp | -1.1pp |
| Net Margin | 6.4% | 5.3% | 22.2% | 1.1pp | -15.8pp |
| EPS (Diluted) | $0.17 | $0.14 | $0.50 | 21.4% | -66.0% |
| Free Cash Flow | -$5M | $26M | $229.0K | -118.8% | -2274.2% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $47M |
| R&D Expenses | $17M |
| Selling & Marketing | $12M |
| General & Administrative | $11M |
| SG&A Expenses | $23M |
| Other Expenses | $3M |
| Operating Expenses | $43M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $5M |
| Interest Income | $447.0K |
| Interest Expense | $217.0K |
| Other Income/Expenses | $328.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$41.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $47M |
| R&D Expenses | $17M |
| Selling & Marketing | $12M |
| General & Administrative | $11M |
| SG&A Expenses | $23M |
| Other Expenses | $3M |
| Operating Expenses | $43M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $5M |
| Interest Income | $447.0K |
| Interest Expense | $217.0K |
| Other Income/Expenses | $328.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$41.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$556.0K |
| Other Non-Cash Items | $166.0K |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$633.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$633.0K |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$924.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $7M |
| Other Current Assets | $558.0K |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $32M |
| Goodwill | $136M |
| Intangible Assets | $72M |
| Long-Term Investments | $0 |
| Tax Assets | $67M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $318M |
| TOTAL ASSETS | $426M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $65M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $10M |
| Additional Paid-In Capital | $115M |
| Retained Earnings | $166M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $283M |
| Minority Interest | $0 |
| TOTAL EQUITY | $283M |
| TOTAL LIABILITIES & EQUITY | $426M |
| Total Debt | $34M |
| Net Debt | -$22M |
