| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $125M | $125M | 4.2% | 4.1% |
| Op. Income | $9M | $13M | $8M | -29.3% | 9.1% |
| Gross Margin | 30.6% | 31.4% | 29.2% | -0.9pp | 1.4pp |
| Net Margin | 5.8% | 7.9% | 6.0% | -2.1pp | -0.2pp |
| EPS (Diluted) | $0.43 | $0.56 | $0.39 | -23.2% | 10.3% |
| Free Cash Flow | $4M | $15M | $7M | -72.8% | -37.7% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $4M |
| Operating Expenses | $31M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $9M |
| Interest Income | $583.0K |
| Interest Expense | $162.0K |
| Other Income/Expenses | $421.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $4M |
| EBIT | $10M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $4M |
| Operating Expenses | $31M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $9M |
| Interest Income | $583.0K |
| Interest Expense | $162.0K |
| Other Income/Expenses | $421.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $4M |
| EBIT | $10M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $670.0K |
| Deferred Income Tax | -$130.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$171.0K |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $382.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$415.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $116M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $92M |
| Goodwill | $12M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $306M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $135M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $211M |
| Retained Earnings | -$4M |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $171M |
| Minority Interest | $0 |
| TOTAL EQUITY | $171M |
| TOTAL LIABILITIES & EQUITY | $306M |
| Total Debt | $67M |
| Net Debt | $4M |
