| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $26M | $35M | -6.7% | -30.7% |
| Op. Income | $616.0K | $3M | $10M | -76.9% | -94.0% |
| Gross Margin | 61.4% | 64.3% | 71.2% | -2.9pp | -9.8pp |
| Net Margin | 1.9% | 8.0% | 26.2% | -6.1pp | -24.3pp |
| EPS (Diluted) | $0.11 | $0.49 | $2.17 | -77.6% | -94.9% |
| Free Cash Flow | -$4M | $11M | -$736.0K | -137.7% | -442.4% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $86.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $616.0K |
| Interest Income | $22M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $616.0K |
| Income Tax Expense | $161.0K |
| Net Income from Continuing Ops | $455.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $455.0K |
| D&A | $2M |
| EBIT | $616.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $86.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $616.0K |
| Interest Income | $22M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $616.0K |
| Income Tax Expense | $161.0K |
| Net Income from Continuing Ops | $455.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $455.0K |
| D&A | $2M |
| EBIT | $616.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $455.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $98.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$183.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$518.0K |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $975.0K |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $80M |
| PP&E (Net) | $47M |
| Goodwill | $22M |
| Intangible Assets | $2M |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $413M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $92M |
| TOTAL NON-CURRENT LIABILITIES | $92M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $70M |
| Retained Earnings | $140M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $0 |
| TOTAL EQUITY | $152M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $45M |
| Net Debt | -$26M |
