| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $96M | $98M | -5.8% | -7.2% |
| Op. Income | $6M | $6M | $7M | -11.6% | -17.3% |
| Gross Margin | 19.8% | 19.9% | 19.2% | -0.1pp | 0.7pp |
| Net Margin | 1.2% | 2.4% | 2.2% | -1.2pp | -1.0pp |
| EPS (Diluted) | $0.08 | $0.16 | $0.15 | -52.1% | -48.9% |
| Free Cash Flow | -$12M | $12M | $5M | -198.9% | -346.9% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $6M |
| Interest Income | $9.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $389.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $6M |
| Interest Income | $9.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $389.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $193.0K |
| Deferred Income Tax | $780.0K |
| Other Non-Cash Items | $457.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$552.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$552.0K |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $109.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $451.0K |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $9M |
| Goodwill | $138M |
| Intangible Assets | $104M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $158.0K |
| TOTAL NON-CURRENT ASSETS | $257M |
| TOTAL ASSETS | $325M |
| Account Payables | $13M |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $135M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $904.0K |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $214M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $325M |
| Total Debt | $178M |
| Net Debt | $178M |
