| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $23M | $22M | -1.0% | 2.2% |
| Op. Income | -$6M | -$7M | -$5M | 10.3% | -16.9% |
| Gross Margin | 72.4% | 72.3% | 72.5% | 0.1pp | -0.1pp |
| Net Margin | -21.3% | -22.9% | -15.0% | 1.6pp | -6.3pp |
| EPS (Diluted) | $-0.14 | $-0.14 | $-0.08 | 0.0% | -68.5% |
| Free Cash Flow | -$143.0K | $3M | -$4M | -105.6% | 96.1% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $16M |
| R&D Expenses | $6M |
| Selling & Marketing | $9M |
| General & Administrative | $7M |
| SG&A Expenses | $16M |
| Other Expenses | $897.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$6M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $1M |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $209.0K |
| Change in Working Capital | -$873.0K |
| OPERATING CASH FLOW | -$96.0K |
| Capital Expenditure | -$47.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$272.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$618.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$143.0K |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $81M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $22M |
| Goodwill | $4M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $143M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.0K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $425.0K |
| Additional Paid-In Capital | $467M |
| Retained Earnings | -$337M |
| Treasury Stock | -$33M |
| Accum. Other Comp. Income | -$291.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $96M |
| Minority Interest | $0 |
| TOTAL EQUITY | $96M |
| TOTAL LIABILITIES & EQUITY | $143M |
| Total Debt | $21M |
| Net Debt | $829.0K |
