| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $18M | $16M | -1.4% | 11.8% |
| Op. Income | $2M | $2M | $832.0K | -11.2% | 106.9% |
| Gross Margin | 38.7% | 40.9% | 37.9% | -2.2pp | 0.8pp |
| Net Margin | 7.2% | 8.0% | 3.9% | -0.7pp | 3.4pp |
| EPS (Diluted) | $0.16 | $0.17 | $0.07 | -5.9% | 115.9% |
| Free Cash Flow | -$649.0K | $4M | -$449.0K | -114.5% | -44.5% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $132.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $1M |
| Operating Expenses | $5M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $2M |
| Interest Income | $18M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $424.0K |
| 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 | $75.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $132.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $1M |
| Operating Expenses | $5M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $2M |
| Interest Income | $18M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $424.0K |
| 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 | $75.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $75.0K |
| Stock-Based Compensation | $453.0K |
| Deferred Income Tax | $294.0K |
| Other Non-Cash Items | -$166.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$631.0K |
| Capital Expenditure | -$18.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$673.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $38M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | -$649.0K |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $16M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $5M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $234M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $247M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $90.0K |
| Additional Paid-In Capital | $86M |
| Retained Earnings | $89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$385.0K |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $0 |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $234M |
| Net Debt | $86M |
