| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $9M | — | 146.5% | — |
| Op. Income | $585.0K | $30M | — | -98.0% | — |
| Gross Margin | 96.8% | -14.2% | — | 111.0pp | — |
| Net Margin | -29.4% | 251.0% | — | -280.4pp | — |
| EPS (Diluted) | $-0.18 | $0.63 | — | -128.6% | — |
| Free Cash Flow | $10M | $6M | — | 59.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $709.0K |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $22M |
| OPERATING INCOME | $585.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $0 |
| EBIT | $585.0K |
| EBITDA | $585.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$598.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$30.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | -$12M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $914M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $395M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$395M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $437M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $445M |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $477M |
| Minority Interest | $0 |
| TOTAL EQUITY | $477M |
| TOTAL LIABILITIES & EQUITY | $914M |
| Total Debt | $395M |
| Net Debt | $392M |
