| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $6M | -1.6% | 6.4% |
| Op. Income | -$632.0K | -$705.0K | -$790.0K | 10.4% | 20.0% |
| Gross Margin | 51.7% | 49.2% | 50.1% | 2.6pp | 1.6pp |
| Net Margin | -8.9% | -20.6% | -18.2% | 11.6pp | 9.2pp |
| EPS (Diluted) | $-0.14 | $-0.32 | $-0.24 | 56.3% | 41.7% |
| Free Cash Flow | $542.0K | -$2M | -$81.0K | 128.1% | 769.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $86.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$632.0K |
| Interest Income | $6M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$632.0K |
| Income Tax Expense | -$29.0K |
| Net Income from Continuing Ops | -$603.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$603.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$603.0K |
| D&A | $80.0K |
| EBIT | -$632.0K |
| EBITDA | -$552.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$603.0K |
| Depreciation & Amortization | $80.0K |
| Stock-Based Compensation | $273.0K |
| Deferred Income Tax | -$28.0K |
| Other Non-Cash Items | $156.0K |
| Change in Working Capital | $695.0K |
| OPERATING CASH FLOW | $573.0K |
| Capital Expenditure | -$31.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | -$574.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $542.0K |
| Net Change in Cash | -$920.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $85M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $713.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $483M |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $499M |
| TOTAL ASSETS | $593M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $454M |
| TOTAL CURRENT LIABILITIES | $454M |
| Long-Term Debt | $63M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $531M |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $54M |
| Retained Earnings | $24M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $593M |
| Total Debt | $63M |
| Net Debt | $57M |
