| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $9M | $6M | 10.6% | 58.0% |
| Op. Income | $4M | $3M | $1M | 30.4% | 168.8% |
| Gross Margin | 57.1% | 54.0% | 52.4% | 3.2pp | 4.7pp |
| Net Margin | 29.2% | 26.5% | 19.5% | 2.7pp | 9.7pp |
| EPS (Diluted) | $0.36 | $-0.62 | $0.16 | 158.1% | 125.0% |
| Free Cash Flow | $2M | $3M | $370.0K | -36.5% | 472.2% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $61.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $4M |
| Interest Income | $709.0K |
| Interest Expense | $572.0K |
| Other Income/Expenses | $137.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $61.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $61.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $4M |
| Interest Income | $709.0K |
| Interest Expense | $572.0K |
| Other Income/Expenses | $137.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $61.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $61.0K |
| Stock-Based Compensation | $299.0K |
| Deferred Income Tax | $278.0K |
| Other Non-Cash Items | $83.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$117.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10.0K |
| NET CASH FROM INVESTING | -$127.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.0K |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $11.0K |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $153M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $23M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $93M |
| Minority Interest | $0 |
| TOTAL EQUITY | $93M |
| TOTAL LIABILITIES & EQUITY | $153M |
| Total Debt | $41M |
| Net Debt | -$24M |
