| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $94M | $10M | -12.2% | 724.1% |
| Op. Income | -$364.0K | -$975.6K | -$8M | 62.7% | 95.2% |
| Gross Margin | 48.5% | 43.8% | 22.7% | 4.7pp | 25.8pp |
| Net Margin | 1.8% | 0.0% | -95.5% | 1.7pp | 97.2pp |
| EPS (Diluted) | $0.06 | $0.00 | $-0.38 | 14775.0% | 115.7% |
| Free Cash Flow | -$3M | -$254.1K | -$5M | -933.8% | 46.9% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $364.3K |
| SG&A Expenses | $364.3K |
| Other Expenses | $0 |
| Operating Expenses | $364.3K |
| Cost & Expenses | $364.3K |
| OPERATING INCOME | -$364.0K |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| 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 | $0 |
| EBIT | -$364.0K |
| EBITDA | -$364.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $314.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$198.0K |
| NET CASH FROM FINANCING | -$198.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $0 |
| Goodwill | $18M |
| Intangible Assets | $17M |
| Long-Term Investments | $178M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$35M |
| TOTAL NON-CURRENT ASSETS | $178M |
| TOTAL ASSETS | $180M |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | $127.1K |
| Long-Term Debt | $137M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $178M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $172M |
| Minority Interest | $0 |
| TOTAL EQUITY | $172M |
| TOTAL LIABILITIES & EQUITY | $180M |
| Total Debt | $139M |
| Net Debt | -$1M |
