| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $45M | $47M | 3.1% | -2.8% |
| Op. Income | $12M | $13M | $13M | -2.6% | -3.1% |
| Gross Margin | 70.8% | 66.0% | 73.8% | 4.8pp | -3.0pp |
| Net Margin | 19.8% | 23.2% | 19.7% | -3.4pp | 0.1pp |
| EPS (Diluted) | $0.65 | $0.72 | $0.64 | -9.7% | 1.6% |
| Free Cash Flow | $40M | $22M | $7M | 83.8% | 508.6% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $348.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $12M |
| Interest Income | $41M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $683.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $348.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $12M |
| Interest Income | $41M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $683.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $683.0K |
| Stock-Based Compensation | $502.0K |
| Deferred Income Tax | -$155.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$385.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$161M |
| Sales/Maturities of Investments | $204M |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | $68M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $461M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $621M |
| PP&E (Net) | $15M |
| Goodwill | $27M |
| Intangible Assets | $456.0K |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $201M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $0 |
| Short-Term Debt | $119M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $165M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $120M |
| TOTAL NON-CURRENT LIABILITIES | $286M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $106M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $270M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $352M |
| Minority Interest | $0 |
| TOTAL EQUITY | $352M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $284M |
| Net Debt | $124M |
