| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $32M | $32M | -10.2% | -10.5% |
| Op. Income | -$463.0K | $13M | $1M | -103.5% | -139.3% |
| Gross Margin | 50.4% | 50.5% | 54.3% | -0.1pp | -3.9pp |
| Net Margin | -1.2% | 30.9% | 2.6% | -32.1pp | -3.8pp |
| EPS (Diluted) | $-0.17 | $2.11 | $0.11 | -108.1% | -254.5% |
| Free Cash Flow | $74M | $97M | $122M | -24.0% | -39.5% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $487.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$463.0K |
| Interest Income | $21M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$463.0K |
| Income Tax Expense | -$128.0K |
| Net Income from Continuing Ops | -$335.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$335.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$720.0K |
| D&A | $2M |
| EBIT | -$463.0K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$335.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | -$21.0K |
| Deferred Income Tax | -$189.0K |
| Other Non-Cash Items | $74M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$73.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$340.0K |
| Common Dividends Paid | -$332.0K |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $6M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $48M |
| Goodwill | $0 |
| Intangible Assets | $16M |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $648.0K |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $55M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $110M |
| Minority Interest | $0 |
| TOTAL EQUITY | $110M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $42M |
| Net Debt | -$23M |
