| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $57M | $51M | 0.4% | 11.5% |
| Op. Income | $2M | $8M | $4M | -78.2% | -59.6% |
| Gross Margin | 80.1% | 81.3% | 80.7% | -1.2pp | -0.6pp |
| Net Margin | 2.6% | 20.9% | 10.1% | -18.3pp | -7.5pp |
| EPS (Diluted) | $0.05 | $0.38 | $0.17 | -87.5% | -72.1% |
| Free Cash Flow | $8M | $9M | $8M | -19.0% | -7.0% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $46M |
| R&D Expenses | $13M |
| Selling & Marketing | $20M |
| General & Administrative | $10M |
| SG&A Expenses | $30M |
| Other Expenses | $921.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $2M |
| Interest Income | $679.0K |
| Interest Expense | $31.0K |
| Other Income/Expenses | $649.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $883.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $798.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $46M |
| R&D Expenses | $13M |
| Selling & Marketing | $20M |
| General & Administrative | $10M |
| SG&A Expenses | $30M |
| Other Expenses | $921.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $2M |
| Interest Income | $679.0K |
| Interest Expense | $31.0K |
| Other Income/Expenses | $649.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $883.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $798.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $798.0K |
| Stock-Based Compensation | $789.0K |
| Deferred Income Tax | $883.0K |
| Other Non-Cash Items | -$970.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$298.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$298.0K |
| Net Debt Issuance | -$415.0K |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$666.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $24.0K |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $162M |
| PP&E (Net) | $3M |
| Goodwill | $14M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $198M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $85M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $141M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $684.0K |
| Deferred Tax Liabilities | $359.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $145M |
| Common Stock | $252M |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$209M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $198M |
| Total Debt | $1M |
| Net Debt | -$91M |
