| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $16M | $32M | 2.8% | -49.1% |
| Op. Income | $1M | -$664.0K | $6M | 255.7% | -82.2% |
| Gross Margin | 92.1% | -311.7% | 95.0% | 403.8pp | -2.9pp |
| Net Margin | 6.2% | -5.1% | 18.5% | 11.3pp | -12.3pp |
| EPS (Diluted) | $0.03 | $-0.03 | $0.19 | 223.6% | -83.2% |
| Free Cash Flow | $2M | -$6M | $1M | 130.6% | 47.7% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $12M |
| Operating Expenses | $14M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $1M |
| Interest Income | $4.0K |
| Interest Expense | $76.0K |
| Other Income/Expenses | -$39.0K |
| INCOME BEFORE TAX | $995.0K |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | $992.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $992.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $992.0K |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $12M |
| Operating Expenses | $14M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $1M |
| Interest Income | $4.0K |
| Interest Expense | $76.0K |
| Other Income/Expenses | -$39.0K |
| INCOME BEFORE TAX | $995.0K |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | $992.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $992.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $992.0K |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $992.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $44.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $922.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $185.0K |
| NET CASH FROM INVESTING | $185.0K |
| Net Debt Issuance | -$631.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$631.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $347.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $33M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $310.0K |
| Additional Paid-In Capital | $157M |
| Retained Earnings | -$137M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $7M |
| Net Debt | $4M |
