| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $29M | $30M | 3.7% | 3.7% |
| Op. Income | -$10M | -$2M | $843.0K | -314.6% | -1305.3% |
| Gross Margin | 32.2% | 39.9% | 51.3% | -7.8pp | -19.2pp |
| Net Margin | -29.5% | -9.5% | 1.3% | -20.0pp | -30.9pp |
| EPS (Diluted) | $-1.03 | $-0.32 | $0.04 | -221.9% | -2419.8% |
| Free Cash Flow | -$22M | $12M | -$5M | -275.0% | -338.2% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $265.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $12M |
| Operating Expenses | $20M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$10M |
| Interest Income | $27M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $330.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $330.0K |
| Stock-Based Compensation | $334.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$71.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$295.0K |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $42M |
| NET CASH FROM INVESTING | $69M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$76.0K |
| Common Dividends Paid | -$649.0K |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $11M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $27M |
| Goodwill | $1M |
| Intangible Assets | $3M |
| Long-Term Investments | $2.0B |
| Tax Assets | $14M |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $2M |
| Short-Term Debt | $143M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $165M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $213M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $93M |
| Retained Earnings | $88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $146M |
| Minority Interest | $0 |
| TOTAL EQUITY | $146M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $324M |
| Net Debt | $254M |
