| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $35M | $65M | 59.8% | -15.2% |
| Op. Income | $3M | -$3M | $13M | 194.7% | -75.9% |
| Gross Margin | 21.8% | 16.7% | 32.8% | 5.1pp | -11.0pp |
| Net Margin | 5.0% | -7.4% | 14.7% | 12.4pp | -9.7pp |
| EPS (Diluted) | $0.06 | $-0.06 | $0.20 | 204.9% | -70.0% |
| Free Cash Flow | $13M | $19M | -$2M | -33.5% | 773.3% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $823.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $3M |
| Interest Income | $576.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $576.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $893.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $823.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $3M |
| Interest Income | $576.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $576.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $893.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $45.0K |
| Deferred Income Tax | $177.0K |
| Other Non-Cash Items | $418.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $78M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $201M |
| PP&E (Net) | $29M |
| Goodwill | $62M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $107M |
| TOTAL ASSETS | $308M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $440.0K |
| Additional Paid-In Capital | $109M |
| Retained Earnings | $137M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $247M |
| Minority Interest | $0 |
| TOTAL EQUITY | $247M |
| TOTAL LIABILITIES & EQUITY | $308M |
| Total Debt | $6M |
| Net Debt | -$75M |
