| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $92M | $75M | -7.2% | 14.1% |
| Op. Income | $34.0K | $8M | $6M | -99.6% | -99.4% |
| Gross Margin | 25.7% | 33.5% | 33.5% | -7.7pp | -7.8pp |
| Net Margin | 1.1% | 7.9% | 6.9% | -6.8pp | -5.8pp |
| EPS (Diluted) | $0.11 | $0.83 | $0.59 | -86.7% | -81.4% |
| Free Cash Flow | $33M | -$7M | $2M | 590.8% | 1663.4% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $647.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $34.0K |
| Interest Income | $77M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34.0K |
| Income Tax Expense | -$909.0K |
| Net Income from Continuing Ops | $943.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $943.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $943.0K |
| D&A | $1M |
| EBIT | $34.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $647.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $34.0K |
| Interest Income | $77M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34.0K |
| Income Tax Expense | -$909.0K |
| Net Income from Continuing Ops | $943.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $943.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $943.0K |
| D&A | $1M |
| EBIT | $34.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $943.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$184.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$149M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | -$100M |
| NET CASH FROM INVESTING | -$216M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$520.0K |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $112M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $394M |
| Short-Term Investments | $510M |
| Net Receivables | $976M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $70M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $500M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $517M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $186M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $231M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $388M |
| Minority Interest | $0 |
| TOTAL EQUITY | $388M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $500M |
| Net Debt | $106M |
