| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $105M | $106M | -1.1% | -2.1% |
| Op. Income | $13M | $15M | $12M | -10.3% | 10.1% |
| Gross Margin | 62.0% | 61.1% | 57.6% | 0.9pp | 4.4pp |
| Net Margin | 9.7% | 11.3% | -2.9% | -1.6pp | 12.6pp |
| EPS (Diluted) | $0.27 | $-0.29 | $-0.08 | 193.1% | 419.5% |
| Free Cash Flow | $29M | $25M | $18M | 14.3% | 58.6% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $64M |
| R&D Expenses | $15M |
| Selling & Marketing | $22M |
| General & Administrative | $14M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $9M |
| EBIT | $13M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $64M |
| R&D Expenses | $15M |
| Selling & Marketing | $22M |
| General & Administrative | $14M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $9M |
| EBIT | $13M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $502.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$577.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$577.0K |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $50M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $146M |
| PP&E (Net) | $45M |
| Goodwill | $341M |
| Intangible Assets | $247M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $650M |
| TOTAL ASSETS | $796M |
| Account Payables | $27M |
| Short-Term Debt | $3M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $95M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $434.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $257M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $358M |
| TOTAL STOCKHOLDERS' EQUITY | $591M |
| Minority Interest | $0 |
| TOTAL EQUITY | $591M |
| TOTAL LIABILITIES & EQUITY | $796M |
| Total Debt | $109M |
| Net Debt | $83M |
