| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $43M | — | -31.0% | — |
| Op. Income | $26M | $55M | — | -53.0% | — |
| Gross Margin | 87.9% | 76.8% | — | 11.1pp | — |
| Net Margin | 79.6% | 125.8% | — | -46.1pp | — |
| EPS (Diluted) | $0.33 | $0.58 | — | -43.1% | — |
| Free Cash Flow | $150M | -$119M | — | 226.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $793.6K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | -$4M |
| Operating Expenses | $211.7K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $26M |
| Interest Income | $154.1K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $295.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $642.0K |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $793.6K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | -$4M |
| Operating Expenses | $211.7K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $26M |
| Interest Income | $154.1K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $295.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $642.0K |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | -$399.7K |
| Stock-Based Compensation | $150.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $131M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$631.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$382.0K |
| NET CASH FROM INVESTING | -$486.7K |
| Net Debt Issuance | -$307 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$99M |
| NET CASH FROM FINANCING | -$103M |
| FREE CASH FLOW | $150M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $1.1B |
| Net Receivables | $2M |
| Inventory | $2.0B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $3M |
| Goodwill | $3M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $4.7B |
| Account Payables | $2M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $41.4K |
| Additional Paid-In Capital | $38M |
| Retained Earnings | $355M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $22M |
| TOTAL STOCKHOLDERS' EQUITY | $415M |
| Minority Interest | $0 |
| TOTAL EQUITY | $415M |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $50M |
| Net Debt | -$7M |
