| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | $12M | — | -20.8% |
| Op. Income | -$722.0K | — | -$76.0K | — | -850.0% |
| Gross Margin | 45.7% | — | 46.9% | — | -1.2pp |
| Net Margin | 34.6% | — | -0.9% | — | 35.5pp |
| EPS (Diluted) | $0.32 | — | $-0.01 | — | 3147.6% |
| Free Cash Flow | -$2M | — | $1M | — | -321.8% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$722.0K |
| Interest Income | $0 |
| Interest Expense | $321.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $99.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $1M |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2.0K |
| Deferred Income Tax | $39.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$8.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$613.0K |
| NET CASH FROM INVESTING | -$621.0K |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $112.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $2M |
| Other Current Assets | $959.0K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $1M |
| Goodwill | $26M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $333.0K |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $67M |
| Account Payables | $5M |
| Short-Term Debt | $387.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $229.0K |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $24M |
| Net Debt | $23M |
