| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $31M | $28M | 1.5% | 12.6% |
| Op. Income | $7M | $7M | $7M | -2.1% | -10.0% |
| Gross Margin | 51.5% | 53.9% | 58.2% | -2.3pp | -6.7pp |
| Net Margin | 19.9% | 21.7% | 23.1% | -1.8pp | -3.3pp |
| EPS (Diluted) | $0.37 | $0.40 | $0.38 | -7.5% | -2.6% |
| Free Cash Flow | $2M | $11M | $6M | -81.6% | -65.5% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $77.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $7M |
| Interest Income | $28M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $428.0K |
| 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 | $6M |
| D&A | $261.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $77.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $7M |
| Interest Income | $28M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $428.0K |
| 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 | $6M |
| D&A | $261.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $261.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$543.0K |
| Other Non-Cash Items | -$183.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$153.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$115M |
| Sales/Maturities of Investments | $97M |
| Other Investing Activities | $815.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$57M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $97M |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $365M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $595M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $0 |
| Short-Term Debt | $63M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $80M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $109M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $219M |
| Treasury Stock | -$908.0K |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $216M |
| Minority Interest | $0 |
| TOTAL EQUITY | $216M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $143M |
| Net Debt | -$74M |
