| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $74M | $73M | -1.0% | 1.0% |
| Op. Income | $4M | $5M | $6M | -6.6% | -23.1% |
| Gross Margin | 65.3% | 66.2% | 66.2% | -0.9pp | -0.9pp |
| Net Margin | 5.9% | 6.6% | 7.2% | -0.7pp | -1.3pp |
| EPS (Diluted) | $0.14 | $0.16 | $0.17 | -12.5% | -17.6% |
| Free Cash Flow | $26M | $11M | $20M | 137.5% | 28.8% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $48M |
| R&D Expenses | $12M |
| Selling & Marketing | $12M |
| General & Administrative | $9M |
| SG&A Expenses | $21M |
| Other Expenses | $11M |
| Operating Expenses | $44M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $4M |
| Interest Income | $931.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $870.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $916.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $11M |
| EBIT | $4M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $48M |
| R&D Expenses | $12M |
| Selling & Marketing | $12M |
| General & Administrative | $9M |
| SG&A Expenses | $21M |
| Other Expenses | $11M |
| Operating Expenses | $44M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $4M |
| Interest Income | $931.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $870.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $916.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $11M |
| EBIT | $4M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $751.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$943.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $36M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $28M |
| Goodwill | $191M |
| Intangible Assets | $96M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $354M |
| TOTAL ASSETS | $524M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $102M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $126M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $161M |
| Common Stock | $252M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363M |
| Minority Interest | $0 |
| TOTAL EQUITY | $363M |
| TOTAL LIABILITIES & EQUITY | $524M |
| Total Debt | $17M |
| Net Debt | -$61M |
