| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $5M | $5M | 63.4% | 56.4% |
| Op. Income | $480.7K | -$316.3K | $332.4K | 251.9% | 44.6% |
| Gross Margin | 66.8% | 77.4% | 80.7% | -10.6pp | -13.9pp |
| Net Margin | 6.2% | -2.9% | 2.0% | 9.2pp | 4.3pp |
| EPS (Diluted) | $0.01 | $-0.00 | $0.00 | 437.0% | 378.9% |
| Free Cash Flow | -$176.1K | -$1M | -$813.6K | 84.5% | 78.4% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $537.7K |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $480.7K |
| Interest Income | $85.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $203.8K |
| INCOME BEFORE TAX | $684.4K |
| Income Tax Expense | $185.8K |
| Net Income from Continuing Ops | $498.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $498.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $498.6K |
| D&A | $136.0K |
| EBIT | $684.4K |
| EBITDA | $820.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $537.7K |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $480.7K |
| Interest Income | $85.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $203.8K |
| INCOME BEFORE TAX | $684.4K |
| Income Tax Expense | $185.8K |
| Net Income from Continuing Ops | $498.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $498.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $498.6K |
| D&A | $136.0K |
| EBIT | $684.4K |
| EBITDA | $820.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $498.6K |
| Depreciation & Amortization | $136.0K |
| Stock-Based Compensation | $493.2K |
| Deferred Income Tax | -$34.5K |
| Other Non-Cash Items | $764.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $527.4K |
| Capital Expenditure | -$703.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$703.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$98.1K |
| NET CASH FROM FINANCING | -$98.1K |
| FREE CASH FLOW | -$176.1K |
| Net Change in Cash | -$274.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $190.3K |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $832.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $21M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $780.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $294.2K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $415.8K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $54.7K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $190.7K |
| Net Debt | -$7M |
