| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $11M | $12M | 18.6% | 8.3% |
| Op. Income | $725.0K | $358.0K | $2M | 102.5% | -57.9% |
| Gross Margin | 17.3% | 18.0% | 27.6% | -0.6pp | -10.3pp |
| Net Margin | 7.9% | 0.2% | 14.8% | 7.7pp | -6.9pp |
| EPS (Diluted) | $0.15 | $0.00 | $0.27 | 4311.8% | -44.4% |
| Free Cash Flow | -$1M | -$2M | -$1M | 36.1% | 29.4% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $2M |
| R&D Expenses | $50.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $725.0K |
| Interest Income | $504.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $504.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $227.0K |
| 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 | $465.0K |
| EBIT | $725.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $2M |
| R&D Expenses | $50.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $725.0K |
| Interest Income | $504.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $504.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $227.0K |
| 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 | $465.0K |
| EBIT | $725.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $465.0K |
| Stock-Based Compensation | $138.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$908.0K |
| Change in Working Capital | -$571.0K |
| OPERATING CASH FLOW | $126.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $534.0K |
| NET CASH FROM INVESTING | -$603.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $9M |
| Net Receivables | $13M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $322.0K |
| Other Non-Current Assets | $55.0K |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $61M |
| Account Payables | $8M |
| Short-Term Debt | $936.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$936.0K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $450.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $6M |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $385.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $6M |
| Net Debt | -$373.0K |
