| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $59M | $54M | -12.5% | -4.3% |
| Op. Income | $10M | $15M | $8M | -34.8% | 22.8% |
| Gross Margin | 33.7% | 37.8% | 28.4% | -4.2pp | 5.3pp |
| Net Margin | 13.9% | 19.4% | 12.8% | -5.5pp | 1.1pp |
| EPS (Diluted) | $3.24 | $5.18 | $3.13 | -37.5% | 3.5% |
| Free Cash Flow | $11M | $2M | $4M | 638.7% | 207.8% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $136.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $1M |
| Operating Expenses | $7M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $10M |
| Interest Income | $50M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| 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 | $183.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $136.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $1M |
| Operating Expenses | $7M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $10M |
| Interest Income | $50M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| 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 | $183.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $183.0K |
| Stock-Based Compensation | $51.0K |
| Deferred Income Tax | $282.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $179.0K |
| Other Investing Activities | -$51M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $80M |
| NET CASH FROM FINANCING | $53M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $371M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $11M |
| Short-Term Debt | $203.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $420M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $438M |
| Minority Interest | $0 |
| TOTAL EQUITY | $438M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.5B |
| Net Debt | $1.1B |
