| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $6M | $8M | 26.0% | -1.8% |
| Op. Income | -$92.5K | $280.7K | $213.8K | -133.0% | -143.3% |
| Gross Margin | 35.4% | 50.1% | 36.0% | -14.8pp | -0.6pp |
| Net Margin | 0.3% | 4.5% | 4.3% | -4.2pp | -4.0pp |
| EPS (Diluted) | $0.00 | $0.04 | $0.05 | -91.9% | -93.3% |
| Free Cash Flow | -$1M | $503.1K | -$677.3K | -332.0% | -72.4% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $541.2K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $70.8K |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$92.5K |
| Interest Income | $120.9K |
| Interest Expense | $2.0K |
| Other Income/Expenses | $118.9K |
| INCOME BEFORE TAX | $26.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $26.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24.1K |
| D&A | $363.4K |
| EBIT | $28.4K |
| EBITDA | $391.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24.1K |
| Depreciation & Amortization | $363.4K |
| Stock-Based Compensation | $226.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4.7K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$67.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$120.9K |
| Sales/Maturities of Investments | $975.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $786.6K |
| Net Debt Issuance | -$51.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$51.5K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$364.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $705.6K |
| Short-Term Investments | $10M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $104.5K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $4M |
| Goodwill | $4M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $168.1K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $27M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $290.8K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $535.7K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $7.1K |
| Additional Paid-In Capital | $41M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | -$244.8K |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $598.9K |
| Net Debt | -$106.6K |
