| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $47M | $34M | -36.5% | -13.2% |
| Op. Income | -$2M | -$3M | -$8M | 32.1% | 74.9% |
| Gross Margin | 29.2% | 22.8% | 13.7% | 6.4pp | 15.5pp |
| Net Margin | -6.4% | -1.8% | -15.4% | -4.6pp | 9.0pp |
| EPS (Diluted) | $-0.13 | $-0.06 | $-0.35 | -123.8% | 62.9% |
| Free Cash Flow | $5M | $10M | $5M | -48.2% | -6.2% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $100.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$302.0K |
| Income Tax Expense | $53.0K |
| Net Income from Continuing Ops | -$355.0K |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | -$533.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$544.0K |
| Other Non-Cash Items | -$766.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $77.0K |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$491.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $83M |
| Net Receivables | $14M |
| Inventory | $59M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $198M |
| PP&E (Net) | $42M |
| Goodwill | $6M |
| Intangible Assets | $6M |
| Long-Term Investments | $42M |
| Tax Assets | $7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $105M |
| TOTAL ASSETS | $303M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $141.0K |
| Additional Paid-In Capital | $154M |
| Retained Earnings | $113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267M |
| Minority Interest | $0 |
| TOTAL EQUITY | $267M |
| TOTAL LIABILITIES & EQUITY | $303M |
| Total Debt | $21M |
| Net Debt | -$10M |
