| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $60M | $55M | -5.6% | 3.0% |
| Op. Income | -$8M | $1M | $3M | -783.9% | -367.1% |
| Gross Margin | 17.1% | 31.2% | 39.2% | -14.0pp | -22.1pp |
| Net Margin | -10.9% | 1.7% | 4.2% | -12.6pp | -15.1pp |
| EPS (Diluted) | $-0.54 | $0.03 | $0.14 | -1678.9% | -485.7% |
| Free Cash Flow | $5M | $19M | $396.0K | -72.3% | 1208.3% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $241.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $9M |
| Operating Expenses | $18M |
| Cost & Expenses | $64M |
| OPERATING INCOME | -$8M |
| Interest Income | $54M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$208.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $111M |
| Other Investing Activities | $174M |
| NET CASH FROM INVESTING | $186M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$125.0K |
| Other Financing Activities | -$137M |
| NET CASH FROM FINANCING | -$137M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $618M |
| Short-Term Investments | $246M |
| Net Receivables | $197M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $67M |
| Goodwill | $13M |
| Intangible Assets | $3M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $20M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $212M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $13M |
| Additional Paid-In Capital | $151M |
| Retained Earnings | $66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $251M |
| Minority Interest | $0 |
| TOTAL EQUITY | $251M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $201M |
| Net Debt | -$417M |
