| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $20M | $16M | -10.9% | 10.7% |
| Op. Income | $742.0K | $2M | $623.0K | -57.0% | 19.1% |
| Gross Margin | 19.7% | 28.1% | 16.2% | -8.4pp | 3.5pp |
| Net Margin | 61.5% | 134.5% | 78.9% | -73.0pp | -17.3pp |
| EPS (Diluted) | $7.91 | $19.41 | $9.16 | -59.2% | -13.6% |
| Free Cash Flow | $2M | $3M | -$1M | -28.5% | 288.9% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $299.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $742.0K |
| Interest Income | $0 |
| Interest Expense | $394.0K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $67.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $299.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $742.0K |
| Interest Income | $0 |
| Interest Expense | $394.0K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $67.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $67.0K |
| Stock-Based Compensation | $24.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $596.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$41.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$41.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $372M |
| Net Receivables | $13M |
| Inventory | $38.0K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $403M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $413M |
| Account Payables | $6M |
| Short-Term Debt | $165.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $288M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $290M |
| Minority Interest | $0 |
| TOTAL EQUITY | $290M |
| TOTAL LIABILITIES & EQUITY | $413M |
| Total Debt | $29M |
| Net Debt | $14M |
