| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | -$4M | -$16M | 718.4% | 254.1% |
| Op. Income | $32M | -$86M | -$8M | 136.7% | 512.1% |
| Gross Margin | 85.3% | 100.0% | 108.8% | -14.7pp | -23.6pp |
| Net Margin | 126.9% | 2483.1% | 82.1% | -2356.2pp | 44.8pp |
| EPS (Diluted) | $0.09 | $-0.28 | $-0.04 | 131.6% | 300.0% |
| Free Cash Flow | -$57M | -$78M | -$42M | 26.3% | -37.2% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $7M |
| SG&A Expenses | $10M |
| Other Expenses | -$20M |
| Operating Expenses | -$11M |
| Cost & Expenses | -$7M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $124.6K |
| Other Income/Expenses | $567.7K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $783.4K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $391.3K |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $7M |
| SG&A Expenses | $10M |
| Other Expenses | -$20M |
| Operating Expenses | -$11M |
| Cost & Expenses | -$7M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $124.6K |
| Other Income/Expenses | $567.7K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $783.4K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $391.3K |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $391.3K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$91M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$57M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$572.2K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$572.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $55M |
| NET CASH FROM FINANCING | $55M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $290M |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $233M |
| TOTAL CURRENT ASSETS | $603M |
| PP&E (Net) | $0 |
| Goodwill | $39M |
| Intangible Assets | $1M |
| Long-Term Investments | $116M |
| Tax Assets | $0 |
| Other Non-Current Assets | $164.4K |
| TOTAL NON-CURRENT ASSETS | $157M |
| TOTAL ASSETS | $760M |
| Account Payables | $678M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $702M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $702M |
| Common Stock | $154M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$131M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $28M |
| TOTAL STOCKHOLDERS' EQUITY | $57M |
| Minority Interest | $2M |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $760M |
| Total Debt | $9M |
| Net Debt | -$5M |
