| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $61M | $58M | 1.7% | 6.1% |
| Op. Income | $11M | $11M | $7M | 4.2% | 53.9% |
| Gross Margin | 61.7% | 63.3% | 56.1% | -1.7pp | 5.6pp |
| Net Margin | 14.5% | 13.6% | 10.0% | 0.9pp | 4.5pp |
| EPS (Diluted) | $0.39 | $0.36 | $0.25 | 8.3% | 56.0% |
| Free Cash Flow | $5M | $8M | $16M | -41.6% | -70.3% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $911.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $11M |
| Operating Expenses | $27M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $11M |
| Interest Income | $56M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| 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 | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $911.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $11M |
| Operating Expenses | $27M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $11M |
| Interest Income | $56M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| 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 | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $481.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$62M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $682M |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $834M |
| PP&E (Net) | $74M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $168M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $55M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $98M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $23M |
| Additional Paid-In Capital | $92M |
| Retained Earnings | $343M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $402M |
| Minority Interest | $0 |
| TOTAL EQUITY | $402M |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $55M |
| Net Debt | -$34M |
