| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $34M | $33M | -3.4% | 0.9% |
| Op. Income | -$4M | -$5M | -$13M | 24.1% | 71.7% |
| Gross Margin | 68.0% | 66.6% | 61.3% | 1.4pp | 6.7pp |
| Net Margin | 1.2% | 0.5% | -28.7% | 0.8pp | 29.9pp |
| EPS (Diluted) | $0.00 | $0.00 | $-0.10 | 150.0% | 104.0% |
| Free Cash Flow | $7M | -$9M | -$14M | 174.3% | 148.3% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $23M |
| R&D Expenses | $14M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | -$154.0K |
| Operating Expenses | $26M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$4M |
| Interest Income | $4M |
| Interest Expense | $5.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $449.0K |
| Income Tax Expense | $42.0K |
| NET INCOME | $407.0K |
| D&A | $2M |
| EBIT | $692.0K |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $407.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$20.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$189M |
| Sales/Maturities of Investments | $181M |
| Other Investing Activities | $26.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $296.0K |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $103M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $182M |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $161M |
| Long-Term Investments | $285M |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $522M |
| TOTAL ASSETS | $704M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $57M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $72.0K |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$486M |
| Treasury Stock | -$73M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $573M |
| Minority Interest | $0 |
| TOTAL EQUITY | $573M |
| TOTAL LIABILITIES & EQUITY | $704M |
| Total Debt | $60M |
| Net Debt | $18M |
