| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $27M | $40M | 39.4% | -7.4% |
| Op. Income | $13M | $13M | $8M | -1.3% | 57.3% |
| Gross Margin | 51.0% | 72.7% | 35.3% | -21.7pp | 15.7pp |
| Net Margin | 27.9% | 27.8% | 32.5% | 0.2pp | -4.6pp |
| EPS (Diluted) | $3.77 | $2.73 | $4.62 | 38.1% | -18.4% |
| Free Cash Flow | -$11M | -$10M | -$12M | -15.1% | 9.2% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$10.6K |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $221.7K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$10.6K |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $221.7K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $221.7K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$582.8K |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$542.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $355.4K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $191 |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $159M |
| Tax Assets | $9M |
| Other Non-Current Assets | -$628 |
| TOTAL NON-CURRENT ASSETS | $177M |
| TOTAL ASSETS | $224M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $48M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $152M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$31M |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $404.8K |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $224M |
| Total Debt | $6M |
| Net Debt | -$19M |
