| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $15M | $9M | 3.8% | 71.6% |
| Op. Income | $1M | $4M | $2M | -69.2% | -16.8% |
| Gross Margin | 41.4% | 55.4% | 59.3% | -14.0pp | -17.9pp |
| Net Margin | 4.6% | 20.7% | 11.4% | -16.1pp | -6.7pp |
| EPS (Diluted) | $0.04 | $0.18 | $0.06 | -76.7% | -30.7% |
| Free Cash Flow | $2M | $299.5K | $4M | 427.6% | -60.8% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $7M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $1M |
| Interest Income | $5.3K |
| Interest Expense | $427.1K |
| Other Income/Expenses | -$421.9K |
| INCOME BEFORE TAX | $921.9K |
| Income Tax Expense | $185.7K |
| Net Income from Continuing Ops | $736.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $736.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $736.2K |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $7M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $1M |
| Interest Income | $5.3K |
| Interest Expense | $427.1K |
| Other Income/Expenses | -$421.9K |
| INCOME BEFORE TAX | $921.9K |
| Income Tax Expense | $185.7K |
| Net Income from Continuing Ops | $736.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $736.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $736.2K |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $736.2K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $396.7K |
| Deferred Income Tax | -$216.6K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$441.9K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$261.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$261.4K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $65.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $604.6K |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $16M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $13M |
| Goodwill | $5M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $150.1K |
| TOTAL NON-CURRENT ASSETS | $47M |
| TOTAL ASSETS | $81M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $358.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $451.4K |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $19.6K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | $13M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $81M |
| Total Debt | $27M |
| Net Debt | $26M |
