| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $10M | 3.8% | 18.3% |
| Op. Income | $851.0K | $531.0K | $641.0K | 60.3% | 32.8% |
| Gross Margin | 47.5% | 49.4% | 52.7% | -2.0pp | -5.2pp |
| Net Margin | 5.1% | 3.6% | 4.5% | 1.5pp | 0.7pp |
| EPS (Diluted) | $0.20 | $0.13 | $0.14 | 53.8% | 42.9% |
| Free Cash Flow | $2M | $1M | $908.0K | 91.9% | 130.6% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $101.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $851.0K |
| Interest Income | $11M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $851.0K |
| Income Tax Expense | $218.0K |
| Net Income from Continuing Ops | $633.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $633.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $633.0K |
| D&A | $154.0K |
| EBIT | $851.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $101.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $851.0K |
| Interest Income | $11M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $851.0K |
| Income Tax Expense | $218.0K |
| Net Income from Continuing Ops | $633.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $633.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $633.0K |
| D&A | $154.0K |
| EBIT | $851.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $633.0K |
| Depreciation & Amortization | $154.0K |
| Stock-Based Compensation | $134.0K |
| Deferred Income Tax | -$37.0K |
| Other Non-Cash Items | $430.0K |
| Change in Working Capital | $852.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$72.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$50M |
| NET CASH FROM FINANCING | $90.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $193M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $820.0K |
| TOTAL CURRENT ASSETS | $205M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $647M |
| Tax Assets | $9M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $689M |
| TOTAL ASSETS | $893M |
| Account Payables | $3M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $677M |
| TOTAL CURRENT LIABILITIES | $698M |
| Long-Term Debt | $109M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $815M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $79M |
| Minority Interest | $0 |
| TOTAL EQUITY | $79M |
| TOTAL LIABILITIES & EQUITY | $893M |
| Total Debt | $127M |
| Net Debt | $119M |
