| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $13M | $15M | 20.2% | 1.9% |
| Op. Income | -$354.0K | -$2M | -$343.0K | 82.7% | -3.2% |
| Gross Margin | 29.1% | 28.4% | 26.6% | 0.7pp | 2.5pp |
| Net Margin | 3.0% | -12.7% | -0.5% | 15.7pp | 3.5pp |
| EPS (Diluted) | $0.05 | $-0.14 | $-0.01 | 132.5% | 654.9% |
| Free Cash Flow | $2M | -$2M | $2M | 210.8% | 9.5% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $5M |
| R&D Expenses | $786.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$354.0K |
| Interest Income | $489.0K |
| Interest Expense | $77.0K |
| Other Income/Expenses | $711.0K |
| INCOME BEFORE TAX | $357.0K |
| Income Tax Expense | -$115.0K |
| Net Income from Continuing Ops | $472.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $472.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $438.0K |
| D&A | $197.0K |
| EBIT | $434.0K |
| EBITDA | $631.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $472.0K |
| Depreciation & Amortization | $197.0K |
| Stock-Based Compensation | $507.0K |
| Deferred Income Tax | -$589.0K |
| Other Non-Cash Items | -$324.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$47.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$47.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $69.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $777.0K |
| Goodwill | $0 |
| Intangible Assets | $48.0K |
| Long-Term Investments | $3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $68M |
| Account Payables | $11M |
| Short-Term Debt | $3M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $98.0K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | $30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $3M |
| Net Debt | -$28M |
