| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $22M | $24M | -3.0% | -9.8% |
| Op. Income | $509.0K | $1M | $1M | -57.3% | -64.1% |
| Gross Margin | 69.4% | 69.3% | 71.7% | 0.2pp | -2.3pp |
| Net Margin | 3.0% | 6.7% | 10.7% | -3.7pp | -7.7pp |
| EPS (Diluted) | $0.06 | $0.05 | $0.08 | 16.1% | -31.2% |
| Free Cash Flow | $845.0K | -$5M | $8M | 116.3% | -89.6% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $15M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $509.0K |
| Interest Income | $771.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $631.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $488.0K |
| Net Income from Continuing Ops | $652.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $652.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $652.0K |
| D&A | $367.0K |
| EBIT | $509.0K |
| EBITDA | $876.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $15M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $509.0K |
| Interest Income | $771.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $631.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $488.0K |
| Net Income from Continuing Ops | $652.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $652.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $652.0K |
| D&A | $367.0K |
| EBIT | $509.0K |
| EBITDA | $876.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $652.0K |
| Depreciation & Amortization | $367.0K |
| Stock-Based Compensation | $632.0K |
| Deferred Income Tax | $219.0K |
| Other Non-Cash Items | $425.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $954.0K |
| Capital Expenditure | -$109.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$109.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $163.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $845.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $4M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $115M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $938.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $408M |
| Retained Earnings | -$323M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$21.0K |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $0 |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $115M |
| Total Debt | $4M |
| Net Debt | -$64M |
