| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $80M | $78M | 2.7% | 5.5% |
| Op. Income | -$8M | -$11M | -$16M | 32.8% | 53.0% |
| Gross Margin | 44.2% | 45.3% | 44.1% | -1.1pp | 0.2pp |
| Net Margin | -7.5% | -12.2% | -18.7% | 4.7pp | 11.2pp |
| EPS (Diluted) | $-0.25 | $-0.41 | $-0.62 | 39.0% | 59.7% |
| Free Cash Flow | -$19M | -$6M | -$9M | -205.8% | -112.1% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $36M |
| R&D Expenses | $4M |
| Selling & Marketing | $24M |
| General & Administrative | $16M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$8M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$97.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $5M |
| EBIT | -$8M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $457.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $26M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $201M |
| PP&E (Net) | $59M |
| Goodwill | $10M |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $108M |
| TOTAL ASSETS | $308M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $110M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $357M |
| Retained Earnings | -$159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$511.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $198M |
| Minority Interest | $0 |
| TOTAL EQUITY | $198M |
| TOTAL LIABILITIES & EQUITY | $308M |
| Total Debt | $19M |
| Net Debt | -$100M |
